HON’BLE SRI G.S. SINGHVI, THE CHIEF JUSTICE AND HON’BLE SRI JUSTICE G.V. SEETHAPATHY WRIT PETITION No. 7330 OF 2006 Between: Penguin Textiles Workers Union, Uppal Mandal, Ranga Reddy District, Represented by its President, S. Chandra Reddy ……Petitioner And Board of Industrial Finance Reconstruction, Jawahar Bhawan, 1, Tolstoy Marg, New Delhi and three others ……Respondents :: ORDER :: Counsel for the Petitioners : Sri N. Sreedhar Reddy Counsel for Respondent No.1 : Sri A. Rajasekhar Reddy, Assistant Solicitor General Counsel for Respondent Nos.2 and 3: None Counsel for Respondent No.4 : Sri Deepak Bhattacharjee Dated: 17-07-2006 Per G.S. SINGHVI, CJ This is a petition for issue of a writ of mandamus to the Board of Industrial Finance Reconstruction (for short ‘the Board’) to decide the application made by respondent No.2 under the Sick Industrial Companies (Special Provisions) Act, 1985 (for short ‘the Act’), which has been registered as Reference Case No.5 of 1996. On the last date of hearing i.e., 22-06-2006, the Court had directed the Board to take final decision on the application made by management of respondent No.2. Sri A. Rajasekhar Reddy, learned counsel for the Board says that the reference application made by management of respondent No.2 could not be taken up for active consideration on account of pendency of various cases instituted by respondent No.2. He submitted that after disposal of the appeal by Madras High Court on 07-12-2005, the Board had asked the Operating Agency to explore the possibility of revival but the latter submitted report in the month of April 2006 that it is not feasible to revive the company. Thereafter, notices dated 13-07-2006 have been issued to all the interested parties in terms of Section 20 (1) of the Act and the next date has been fixed as 27-09-2006. Sri Rajasekhar Reddy gave out that final decision in Reference Case No.5 of 1996 will be taken up by the Board within a period of four months from today. In view of the statement made by Sri Rajasekhar Reddy, the writ petition is disposed of as infructuous with liberty to the petitioner to file miscellaneous petition for issue of appropriate order or direction, if any such contingency arises. G.S.SINGHVI, CJ G.V. SEETHAPATHY,J 17-07-2006 svs Note: The Court Officer is directed to give an attested copy of this order to Sri A. Rajasekhar Reddy. B/O ks