1 CAA 554 OF 2011 vks IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO.554 OF 2011 IN APPEAL FROM ORDER NO.393 OF 2011 Gruh Finance Pvt. Ltd. .. Appellant -versus Farida Y Jethwa and Ors .. Respondents. Mr. R. Laxman i/b M.V. Kini, for the appellant. Mr. P.S. Gidwani, for the respondent No.1. CORAM: A. S. OKA, J. DATED: 3rd May, 2011 P.C. 1. Heard learned counsel appearing for the applicant and learned counsel for the first respondent. 2. Prima facie it appears that the action of the applicant is in exercise of the powers under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Hence, a case is made out for grant of interim relief. Application is disposed of by passing following order:- ORDER i) The operation of clause No.2 of the operative part of the impugned order dated 8th September, 2010 will remain stayed subject 2 CAA 554 OF 2011 to condition that even the applicant will maintain status quo as of today in respect of the premises in question. ii) It is made clear that this order will not preclude the first respondent from challenging the action of the applicant in accordance with law and all contentions in that behalf are kept open. (A. S. OKA, J.)