-1- IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 2794 OF 2007 IN WRIT PETITION NO. 8392 OF 2006 V.N. Kalambikar ...Petitioner versus Pioneer Education Trust and others ... Respondents Ms. Anupama Shah, instructed by M/s. M.P. Vashi & Associates, for the petitioner. Mr. A.I. Patel, AGP, for the State. CORAM: P.B. MAJMUDAR, J. DATE: JULY 09, 2008. P.C. By this application, the petitioner has prayed that the petitioner be permitted to offer other form of security instead of bank guarantee for the purpose of withdrawing the amount of Rs. 11 lakhs deposited by the first respondent before this Court. It is pointed out that the Registrar (Judicial) has not found the security offered by the petitioner as proper security to the satisfaction of the Registrar (Judicial). 2. It is submitted by the learned counsel for the petitioner that the petitioner is ready to give other form of security instead of bank guarantee or -2- even depositing the documents of her flat as well as the undertaking that she will not transfer, alienate, part with possession and/or create any third party interest in flat being Flat No.4, Bharat Co-op. Hsg. Soc. Ltd., Kalina, Santacruz (East), Mumbai-400 098. In this behalf, the petitioner may apply to the Registrar (Judicial) and if the Registrar (Judicial) is convinced that the security other than the bank guarantee offered is sufficient to protect the interest of the first respondent, it is for him to pass an appropriate order in this behalf after having been satisfied that the security so offered is just and adequate and is also to the satisfaction of the Registrar (Judicial). Subject to the said liberty to approach the Registrar (Judicial), this Civil Application is disposed of. P.B. MAJMUDAR, J.