IN THE HIGH COURT OF BOMBAY AT GOA CIVIL APPLICATION NO. 145 OF 2009 IN FIRST APPEAL NO. 147 OF 2009 M/S. GOA ISPAT LTD., REPR. BY ITS DIRECTOR MR. HARSHVARDHAN MITTAL ... Applicant Versus STATE OF GOA THROOUGH ITS CHIEF SECRETARY AND 2 ORS., ... Respondents Mr. Y. V. Nadkarni, Advocate for the applicant. Mr. S. S. Kantak, Advocate General with Mr. P. Talaulikar, Addl. Govt. Advocate for the respondents. Coram:- SWATANTER KUMAR, C.J. & N. A. BRITTO, J. Date:- 16th July, 2009 P.C. Heard learned Counsel for the applicant. Learned Advocate General is seeking time to obtain instructions on facts. However, after hearing the parties and the cause of urgency shown, we find it appropriate to pass the following interim order : (1) The principal amount of Rs.2,41,258/- shall be paid by the appellant/applicant to the respondents before 31st July, 2009. (2) The applicant/appellant shall furnish Bank Guarantee for the balance amount and/or deposit it, after deducting the principal amount paid from Rs.20,53,475/- to the respondents by 15.09.2009. (3) The applicant/appellant to file an undertaking on affidavit to comply with these parts by 22.7.2009 in this Court. 3. If the undertaking is so filed, there shall be an interim stay to the disconnection of electric supply. If the amount of principal is paid by 31.07.2009, the Bank Guarantee or the deposit in respect of the balance amount is furnished by 15.9.2009, the said interim stay shall operate during pendency of the appeal. If the undertaking is not filed or any of the amounts as mentioned above or the Bank Guarantee or the deposit as stated above is not furnished/made, the interim order shall cease to operate automatically. 4. If the respondents receive the principal amount by 31.7.2009, the Bank Guarantee already furnished by the applicant/appellant because of the interim orders of the trial Court in Civil Suit No.42/2007 shall be released back in their favour with no objections of the respondents. SWATANTER KUMAR, C.J. N. A. BRITTO, J. ssm.