1 conpw48-10.sxw pps IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION Contempt Petition No. 48 of 2010 in Writ Petition No.444 of 2010 Kotak Mahindra Bank .. Petitioners v/s. British India Corportion ..Respondents Mr.Ashish Kamat with Nikhil Rajani i/b. M/s. V. Deshpande & Co. for the Petitioners Mr.Swapnil Nagpurkar, Sneha Bohra for the Respondent Mr.Alok Bagla i/b. Bagla Bandekar & Co. for the Respondent No.1 Mr.Vinod Joshi for the Union of India CORAM : R.Y.GANOO, J. DATED : 4th February, 2011 P.C. : 1. Learned Counsel for the petitioner has tendered a copy of the letter dated 3.2.2011 sent by the Government of India, Ministry of Textiles, addressed to the petitioners along with letter dated 1.2.2011 which is signed by the representative of the petitioner as well as Dr.Dilip Kumar, Controller of Accounts, Ministry of Textiles, New Delhi. Looking to the text of the true copy of the letter dated 3.2.2011 along 2 conpw48-10.sxw with its annexures, it is apparent that parties to this petition have arrived at certain terms and development clause also provides certain things to happen if payment of Rs.4,50,00,000/- is not paid within time specified. In view of this, this petition need not be entertained and accordingly stands disposed of. 2. The compilation which was handed over to the court today, which is mentioned above is taken on record. 3. Notices, if any, issued to the respondents stands disposed of. 4. There shall be no order as to costs. [R.Y.GANOO, J.]