:1: IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.397 2004 ARBITRATION PETITION NO.397 2004 ARBITRATION PETITION NO.397 2004 Mr.Ramchandra Parshuram Nikam ..Petitioner. Vs. The Saraswat Co-operative Bank Ltd. & Ors. ..Respondents. Mr.S.P.Mishra, Advocate for the Petitioner. Mr.Y.R.Naik, Advocate for the Respondent No.1. Mr.Uday Shankar Saundralal, Advocate for Respondent No.3. CORAM: S.U.KAMDAR, J. CORAM: S.U.KAMDAR, J. CORAM: S.U.KAMDAR, J. DATED: 15TH DECEMBER, 2004 DATED: 15TH DECEMBER, 2004 DATED: 15TH DECEMBER, 2004 P.C. : P.C. : P.C. : Mr.Mishra, the learned counsel appearing on behalf of the Petitioner states that in view of the expiry of auditor’s period of 31.3.2004, he seeks to withdraw the present Petition. Mr.Mishra contends that he desires to challenge the subsequent appointment. 2. In my opinion, the subsequent appointment is a new cause of action and, he is at liberty to do so, if so advised. 3. The Petition is accordingly allowed to be :2: withdrawn. There shall be no order as to costs.