Dixit 1 WP-2878-09-Group IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL WRIT PETITION NO.2878 OF 2009 ALONG WITH CRIMINAL APPLICATION NO.425 OF 2009 AND CRIMINAL APPLICATION NO.460 OF 2009 AND CRIMINAL APPLICATION NO.461 OF 2009 AND CRIMINAL APPLICATION NO.80 OF 2011 AND CRIMINAL APPLICATION NO.367 OF 2011 AND CRIMINAL APPLICATION NO.502 OF 2011 Sanjay Dalmia ... Petitioner V/s. State of Maharashtra & Ors. ... Respondents ALONG WITH CRIMINAL WRIT PETITION NO.3208 OF 2009 Swagatham Investment Ltd. & Anr. ... Petitioners V/s. State of Maharashtra & Ors. ... Respondents AND CRIMINAL WRIT PETITION NO.3209 OF 2009 Lakshmi Vishnu Investment Ltd. & Anr. ... Petitioners V/s. State of Maharashtra & Ors. ... Respondents Mr. V.R. Dhond, Sr. Advocate, with Mr. Amit Jajoo and Mr. Abhijeet Chaturvedi, i/b. Paras Kuhad & Associates, for the Petitioner in WP/2878/2009. Mr. T.R. Yadav for the Petitioner in WP/3208/2009. Dixit 2 WP-2878-09-Group Mr. Kedar Patil for the Petitioner in WP/3209/2009. Mr. P.A. Pol, P.P., for the Respondent-State. Mr. Kartikeya Desai, i/b. Kartikeya & Associates, for Respondent Nos.4 and 5 in WP/3208/2009 & WP/3209/2009. Mr. A.K. Kakad, P.I., E.O.W. - Unit 3, present in person. CORAM : A.M. KHANWILKAR & R.G. KETKAR, JJ. DATE : 17 TH NOVEMBER, 2011. P.C. : 1. The Counsel appearing for the private parties have informed us that by now principal sum of Rs.45 crores along with interest thereon has already been paid to the Respondent No.3 – M/s. Indiabulls Financial Services Ltd., New Delhi. As per the agreement, the Petitioner is liable to pay further sum of Rs.180 crores, which the Petitioner intends to pay within one month from today. The private parties through their Counsel make a joint request that to facilitate the parties to effectuate the settlement arrived at between them, hearing of this Petition be deferred. At the same time, the Petitioner has moved Criminal Application No.502 of 2011 praying for direction against the Respondent No.1 not to precipitate the matter. 2. The learned A.P.P. for the Respondent-State, on instructions of the Dixit 3 WP-2878-09-Group Investigating Officer, who is present in Court, states that since both the parties are working on the settlement terms, for a period of one month no precipitative steps will be taken in the matter. In view of the said assurance, no order is necessary on the Criminal Application No.502 of 2011. The same is disposed of. 3. The matter will now appear under caption “settlement” on 16th December, 2011. [R.G. KETKAR, J.] [A.M. KHANWILKAR, J.]