-: 1 :- IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.1084 OF 2008 In COMPANY PETITION NO.895 OF 1998 Rasiklal S. Mardia : Applicant V/s. The Official Liquidator of Amar Dye Chem Ltd. (In Liquidation) : Respondent ... Mr.D.P.Desai for the applicant. Mr.B.B.Parekh for the intervenor. Mr.Sunil Shukla for Dena Bank (secured creditor). Mr.S.Ramakanta, Dy. Official Liquidator (present). ... CORAM : S.A.BOBDE, J. DATE : JULY 17, 2008. P.C. Heard the learned counsel for the parties. 2. The learned counsel for the applicant seeks stay of the sale on the ground that revival scheme has been submitted. According to the applicant, if in the meantime, the imported machinery is sold, it would obstruct a proper revival of the company. The other -: 2 :- parties such as Dena Bank and the intervenor have no objection to the grant of stay and submit that it would be in the interest of justice of all concerned if stay is granted. Hence, the sale shall be stayed till 6.9.2008 i.e. the date of fixation of the meeting. 3. The Company Application stands disposed of. S.A. BOBDE, J.