IN THE HIGH COURT OF JUDICATURE AT PATNA CWJC No.4635 of 2010 1. M/S BASELINE PETROLEUM LIMITED, A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956 HAVING ITS REGISTERED OFFICE AT GANGA SETU SERVICE CENTRE (HP PETROL PUMP, HAJIPUR PATNA ROAD, AT AND P.O. HAJIPUR, DISTT.- VAISHALI AND HAVING ITS FACTORY AT BIADA INDUSTRIAL AREA, BOKARO, JHARKHAND THROUGH ITS DIRECTOR SHRI AJAY KUMAR JAISAWAL, S/O SHRI LAXMI PRASAD JAISAWAL, R/O 404, ASHA APARTMENT, NAGESHWAR COLONY, BORING ROAD, PATNA 2. AJAY KUMAR JAISAWAL S/O SHRI LAXMI PRASAD JAISAWAL M/S BASELINE PETROLEUM LTD., R/O 404, ASHA APARTMENT, NAGESHWAR COLONY, BORING ROAD, PATNA 3. ARVIND KUMAR CHOUDHARY S/O LATE BIYOG LAL CHOUDHARY M/S BASELINE PETROLEUM LTD., R/O 404, ASHA APARTMENT, NAGESHWAR COLONY, BORING ROAD, PATNA 4. SUMEET KUMAR S/O SHRI LAXMI PRASAD JAISAWAL M/S BASELINE PETROLEUM LTD., R/O 404, ASHA APARTMENT, NAGESHWAR COLONY, BORING ROAD, PATNA Versus 1. PUNJAB NATIONAL BANK, THROUGH ITS CHIEF GENERAL MANAGER, 7, BHIKHAJI CAMA PLACE, NEW DELHI- 110 066 2. THE AUTHORISED OFFICER, PUNJAB NATIONAL BANK, B.O., SME, JJ COMPLEX, EAST BORING CANAL ROAD, PATNA With CWJC No.4757 of 2010 1. M/S VAISHALI PAINTS LTD. INCORPORATED UNDER THE COMPANIES ACT, 1956 HAVING ITS REGISTERED OFFICE AT GANGA SETU SERVICE CENTRE (HP PETROL PUMP), HAJIPUR PATNA ROAD, AT AND P.O.HAJIPUR, DISTT- VAISHALI AND HAVING ITS FACTORY AT SAHPUR, JANDAHA, VAISHALI THROUGH ITS DIRECTOR SHRI AJAY KUMAR JAISWAL S/O SHRI LAXMI PRASAD JAISWAL, RESIDENT OF 404, ASHA APARTMENT , NAGESHWAR COLONY, BORING ROAD, PATNA 2. AJAY KUMAR JAISWAL S/O SHRI LAXMI PRASAD JAISWAL M/S VAISHALI PAINTS LTD, RESIDENT OF 404, ASHA APARTMENT , NAGESHWAR COLONY, BORING ROAD, PATNA 3. ARVIND KUMAR CHOUDHARY S/O LATE BIYOG LAL CHOUDHARY M/S VAISHALI PAINTS LTD, RESIDENT OF 2 404, ASHA APARTMENT , NAGESHWAR COLONY, BORING ROAD, PATNA 4. SUMEET KUMAR S/O SHRI LAXMI PRASAD JAISWAL M/S VAISHALI PAINTS LTD, RESIDENT OF 404, ASHA APARTMENT , NAGESHWAR COLONY, BORING ROAD, PATNA Versus 1. PUNJAB NATIONAL BANK , THROUGH ITS CHIEF GENERAL MANAGER 7, BHIKHAIJI CAMA PLACE, NEW DELHI-110066 2. THE AUTHORISED OFFICER, PUNJAB NATIONAL BANK , B.O., SME JJ COMPLEX, EAST BORING CANAL ROAD, PATNA ----------- 04. 23.04.2010 Heard learned counsel for the petitioners and learned counsel for the Bank. Some affidavits have been filed on behalf of the Bank and the petitioners. From the affidavits it emerges that there is neither any firm commitment made on behalf of the petitioners nor any resolution of the dispute having arrived at. Effort on behalf of the petitioners is being made to get some time for whatever reason known to them. The Court is not willing to exercise its extra ordinary jurisdiction under Article 226 of the Constitution of India. This does not mean that petitioners are remediless. They have remedy within the frame work of law itself which is being enforced against them. Both the writ applications stand disposed of. rkp ( Ajay Kumar Tripathi, J )