1 44.conp-47-11 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION jmi CONTEMPT PETITION NO. 47 OF 2011 IN ARBITRATION PETITION NO. 421 OF 2009. ICICI Securities Limited. ..Petitioners. vs. O.P. Roongta. ..Respondent. .... Mr. G. Joshi, i/b. M/s. Manilal Kher Ambalal & Co., for Petitioners. Mr. K.K. Sanghvi, Senior Counsel, a/w. Mr. F. Palkhiwalla, i/b. Sachin Joshi, for Respondent. .... CORAM : S.J. KATHAWALLA, J. DATE : 7TH OCTOBER 2011. P.C. : Heard the learned Advocates appearing for the parties. The learned Advocate appearing for the Respondent has without prejudice to his contention that the Respondent is not restrained by any order of this Court from disposing of his assets including shares has produced a statement of Respondent’s shareholding and has pointed out that though he has sold some of his shares, he has also purchased some shares, mutual funds and debt units because of which there is a marginal increase in the value of the balance shares as it existed when the order dated 12th August 2009 was passed. 2. On perusing the said statement produced on behalf of the Respondent, I am satisfied that the learned Advocate appearing for the Respondent is correct in his submission. In view thereof, no orders are passed in the Contempt Petition and the Contempt Petition is disposed of. [ S.J. KATHAWALLA, J. ]