PIL 48/2009 BEFORE HON’BLE THE CHIEF JUSTICE MR MADAN B. LOKUR HON’BLE MR JUSTICE HRISHIKESH ROY (Lokur, CJ) : The prayer in the writ petition is for a direction calling upon the Rese rve Bank of India to initiate proceedings regarding the functioning of Respond ent No 3 United Jeevan Sanchay Finvest (India) Limited and Respondent No.4 Sanch ayani Saving and Investment (India) Ltd. and to attach all their properties s o that the investments made by the petitioners can be recovered. Learned counsel for the Reserve Bank of India has brought to our notice an order passed by the Supreme Court in I.A.Nos.7-11 in Civil Appeal No.5168/200 0 ( Sanchayani Savings Investment(I) Ltd & Ors. vs State of West Bengal and Ors ). The order is dated 28th April, 2003 and the relevant portion thereof reads as follows :- Heard the learned counsel for the parties. At the outset, we make it clear that if the Directors/managing D irector of the Sanchayani Savings Investment (I) Ltd. have committed any illegal ity punishable under any Act, the Reserve Bank of India or the Investigating Off icer should take immediate steps for prosecuting them. Secondly, with regard to the property of the Company, as a greed by the learned counsel for the parties, N.C. Banerjee & Co, Chartered Acco untants, Commerce House, 2 Ganesh Chandra Avenue, Ist Floor, Room No.9, Kolkata- 700013 is appointed as Special Officer to take charge of the assets of the Comp any and report to this Court on or before 15th July, 2003. The Special Officer shall make appropriate suggestions so that small investors can be paid the amoun t due to them as early as possible without there being any probable delay. The operation of the order dated 20th March,2003 passed by the Company L aw Board or any order passed by any other Court in the State of Maharashtra are stayed. We have been further told that subsequent to the order of the Supreme Co urt, as on 18th March, 2010 an amount of Rs. 13 crores has been disbursed to 2 .80 lakhs investors by the Special Officer. Under the circumstances, we are of the view that no further order needs to be passed. However, liberty is granted to the petitioners to approach the Spe cial Officer for recovery of any amount, that they may have invested. PIL stands disposed of in view of the above.