:1: :1: :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 CRIMINAL APPELLATE JURISDICTION CRIMINAL APPELLATE JURISDICTION CRIMINAL APPELLATE JURISDICTION CRIMINAL WRIT PETITION NO.1695 OF 2006 Varshraj Exports P.Ltd. .. Petitioner. Vs. 1.State of Maharashtra & Ors. .. Respondents. WITH CRIMINAL WRIT PETITION NO.1629 OF 2006 Neeraj Y.Goyal and Anr. .. Petitioners. Vs. 1.State of Maharashtra & Ors. .. Respondents. Mr.Satish Maneshinde i/b Mr.N.S.Nappinai for the petitioners. Mr.D.S.Mhaispurkar, APP for the State. Mr.D.A.Nalawade, for respondent no.5. CORAM : SMT.RANJANA DESAI & CORAM : SMT.RANJANA DESAI & CORAM : SMT.RANJANA DESAI & D.B.BHOSALE, JJ. D.B.BHOSALE, JJ. D.B.BHOSALE, JJ. DATE : 14TH MARCH, 2007 DATE : 14TH MARCH, 2007 DATE : 14TH MARCH, 2007. P.C.: P.C.: P.C.: . Heard learned counsel for the petitioners and learned A.P.P. for the State. 2. The learned counsel for the parties state that they have decided to refer the matter to arbitration by a Sole Arbitrator, namely, Hon’ble Mr.Justice B.N.Srikrishna (Retd.Judge, Supreme Court of India). They have taken consent of Mr.Justice B.N.Srikrishna (as he then was). A copy of the consent terms is placed on record. In view of this :2: :2: :2: the learned counsel seek permission to withdraw the petitions. The petitions are allowed to be withdrawn and disposed of as such. The parties however will be at liberty to adopt appropriate remedy in case the police decide to file charge-sheet. In case the police decide to arrest the accused they shall give 72 hours notice to them. (SMT.RANAJAN DESAI, J.) (SMT.RANAJAN DESAI, J.) (SMT.RANAJAN DESAI, J.) (D.B.BHOSALE, J.) (D.B.BHOSALE, J.) (D.B.BHOSALE, J.)