SM 1 921.wp.2552.11 IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 2552 OF 2011 Arti Polymers and others ....Petitioners Versus The Bharat Co-operative Bank (Mumbai) Limited and another ....Respondents ____________ Mr. B. L. Gandhi for the Petitioners. Mr. Kamlesh Rajwani i/b Shah and Sanghavi for the Respondent No.1. CORAM: DR. D. Y. CHANDRACHUD & A. A. SAYED, J.J. DATED : AUGUST 20, 2011. P.C.: Counsel appearing on behalf of the Petitioners and Counsel appearing on behalf of the First Respondent have drawn the attention of the Court to the order dated 6 June 2011 passed by a Division Bench in Writ Petition No. 2508 of 2011 (Arti Polymers and others V/s. The Bharat Co-operative Bank (Mumbai) Limited and another). The order of the Court reads as follows: “During the course of the hearing of the Petition which is directed against an interlocutory order of the Debts Recovery Tribunal, Counsel appearing on behalf of the First Respondent has placed on the record a copy of the order of the Supreme Court dated 18 March 2011 in Writ Petition (Civil) 108 of 2011. By that order, the Supreme Court has restrained the Respondents from proceeding under SM 2 921.wp.2552.11 the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 in so far as the Petitioners are concerned, while issuing notice. Having regard to the interlocutory order passed by the Supreme Court, Counsel appearing on behalf of the Petitioners does not press the Petition at this stage, but seeks liberty to appropriate proceedings in the event that it becomes necessary to do so at a subsequent stage. The Petition is accordingly disposed of as withdrawn with liberty reserved as prayed.” 2. Both the Counsel have prayed before the Court that a similar order may be passed in this Petition. In terms of the request made before the Court, the present Petition shall be governed by the order passed in Writ Petition No. 2508 of 2011. Since no other point is pressed on either side, the Petition is dismissed as withdrawn, with liberty reserved as aforesaid. (A. A. SAYED, J.) (DR. D. Y. CHANDRACHUD, J.)