1 IN THE HIGH COURT OF JUDICATURE OF BOMBAY IN THE HIGH COURT OF JUDICATURE OF BOMBAY IN THE HIGH COURT OF JUDICATURE OF BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION CONTEMPT PETITION NO.141 OF 1999 IN CONTEMPT PETITION NO.119 OF 1998 IN ARB.PETITION NO.34 OF 1997 K.K.Modi Investments and Financial Services Pvt.Ltd. ..Petitioners. V/s. Asia Television Network Ltd. & Ors. ..Respondents Mr.Rakesh Dubey i/b. Ashwin Ankad for petitioners. Mr.Subhash Jha a/w. Laxmi Menon i/b. Law Global for respondent Nos. 1, 3 and 4. Mr.Bharat Vaishnawa for respondent No.2. CORAM: A.M.KHANWILKAR,J CORAM: A.M.KHANWILKAR,J CORAM: A.M.KHANWILKAR,J DATE : JULY 24, 2007. DATE : JULY 24, 2007. DATE : JULY 24, 2007. P.C. : P.C. : P.C. : 1. As Counsel for the Petitioners submits that all issues have been amicably settled between the parties, for which reason, it is not necessary to precipitate the matter any further. As the Respondents have discharged their obligations, I find favour with the request made on behalf of the Petitioners to drop the proceeding. 2. Accordingly, the Petition is disposed of. Show cause notice issued to the respondents stands discharged. 2 (A.M.KHANWILKAR,J) (A.M.KHANWILKAR,J) (A.M.KHANWILKAR,J)