srp. HIGH COURT OF JUDICATURE AT BOMBAY HIGH COURT OF JUDICATURE AT BOMBAY HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION APPEAL NO. 326 OF 2008. IN ARBITRATION PETITION NO. 130 OF 2003. Mafatlal Finance Company Ltd. ..Appellant. V E R S U S Precision Fasteners Ltd. ..Respondent. --- Mr. Kaizal Kharawala i/b M/s. R. K. Associates for the appellant. Mr. K. L. Vyas, Court Receiver, High Court, Bombay. CORAM: S.B.MHASE & CORAM: S.B.MHASE & CORAM: S.B.MHASE & R.V.MORE, JJ. R.V.MORE, JJ. R.V.MORE, JJ. DATE : September 4, 2008. DATE : September 4, 2008. DATE : September 4, 2008. P.C. P.C. P.C. 1. Heard. Perused the order. By order dated 27th March 2003, the appellant was directed to enter into an agreement of agency within 8 weeks from the date of order by approaching the Court Receiver and the Court Receiver was directed to fix the rental in terms of the agreement. However the said order was not produced by the appellant before the Court Receiver till 27th May 2005. When the Court Receiver directed them to get the time extended from the Court, for three years the appellant did nothing, and ultimately the Court Receiver submitted report bearing No. 97 of 2008 in Arbitration Petition No. 130 of 2003 as per the directions of the Court and the Court passed the impugned order whereby the Court Receiver stood discharged. In the above facts and circumstances we do not see any justification so as to interfere in the impugned order. The cost is also justified in the facts and circumstances of the case. Appeal is without any merit. Appeal stands disposed of. (R.V.MORE, J.) (S.B.MHASE, J.) (R.V.MORE, J.) (S.B.MHASE, J.) (R.V.MORE, J.) (S.B.MHASE, J.)