1 IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORDINARY ORDINARY ORIGINAL ORIGINAL ORIGINAL CIVIL JURISDICTION CIVIL JURISDICTION CIVIL JURISDICTION COMPANY COMPANY COMPANY PETITION PETITION PETITION NO. 235 OF 1996 NO. 235 OF 1996 NO. 235 OF 1996 ICICI ICICI ICICI Securities & Finance Co.Ltd.Petr Securities & Finance Co.Ltd.Petr Securities & Finance Co.Ltd.Petr vs vs vs Real Real Real Value App.Ltd .. Value App.Ltd .. Value App.Ltd .. Respondent Respondent Respondent Mr.Durgesh Mr.Durgesh Mr.Durgesh Khanapurkar for Petitioner Khanapurkar for Petitioner Khanapurkar for Petitioner CORAM CORAM CORAM : : : A.M.KHANWILKAR, J A.M.KHANWILKAR, J A.M.KHANWILKAR, J DATED DATED DATED : : : 15th January, 2008 15th January, 2008 15th January, 2008 P.C. P.C. P.C. 1.1.1. Counsel for the petitioners on instructions Counsel for the petitioners on instructions Counsel for the petitioners on instructions states states states that the petitioners are not interested in that the petitioners are not interested in that the petitioners are not interested in pursuing pursuing pursuing the remedy. As the petition is already the remedy. As the petition is already the remedy. As the petition is already admitted admitted admitted and advertised; ordinarily, the proposed and advertised; ordinarily, the proposed and advertised; ordinarily, the proposed withdrawal withdrawal withdrawal also is required to be advertised. also is required to be advertised. also is required to be advertised. However, However, However, in this case, as there are other Company in this case, as there are other Company in this case, as there are other Company Petition Petition Petition pending in this Court, against the pending in this Court, against the pending in this Court, against the respondent-company, respondent-company, respondent-company, which are already admitted and which are already admitted and which are already admitted and listed listed listed together; and as those petitioners are together; and as those petitioners are together; and as those petitioners are interested interested interested in pursuing their claim, the petitioner in pursuing their claim, the petitioner in pursuing their claim, the petitioner inin in the present petitions are permitted to withdraw the present petitions are permitted to withdraw the present petitions are permitted to withdraw the the the Company Petition No.235 of 1996 with a clear Company Petition No.235 of 1996 with a clear Company Petition No.235 of 1996 with a clear understanding understanding understanding that the provisional liquidator that the provisional liquidator that the provisional liquidator appointed appointed appointed in in in Company Petition No. 235 of 1996 will Company Petition No. 235 of 1996 will Company Petition No. 235 of 1996 will now now now be deemed to have been appointed in other be deemed to have been appointed in other be deemed to have been appointed in other Company Company Company Petitions in relation to the respondent Petitions in relation to the respondent Petitions in relation to the respondent company company company such as Company Petition No.341 of 1996, such as Company Petition No.341 of 1996, such as Company Petition No.341 of 1996, 373 373 373 of 1996, 424 of 2002 and 515 of 2003 of 1996, 424 of 2002 and 515 of 2003 of 1996, 424 of 2002 and 515 of 2003 2 respectively. respectively. respectively. Ordered Ordered Ordered accordingly. accordingly. accordingly. (A.M.Khanwilkar, (A.M.Khanwilkar, (A.M.Khanwilkar, J) J) J)