SM 1 7.ca.2276.07 IN THE HIGH COURT OF JUDICATURE OF BOMBAY CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 2276 OF 2007 IN FIRST APPEAL NO. 2720 OF 2006 Shri. Shivaji P. Chougule and another ....Applicants Versus Poonam Investment Company and others ....Respondents ____________ Mr. Sarang S. Aradhya for the Applicants. Mr. Hiten S. Venegaonkar for the Respondents. CORAM: A. S. OKA, J. DATED : 23 RD JUNE, 2011. P.C.: Heard learned Counsel appearing for the Applicants. Applicants are the Appellants. Suit filed by the Applicants has been dismissed. In Appeal, there is already an order directing the Respondents to maintain status quo till the disposal of the Appeal. Hence, as of today, no case is made out for appointment of Court Receiver. However, prayer (b) made for restraining the Respondents from creating third party rights deserves to be granted, I pass the following order: (i) Prayer (a) is rejected. (ii) Prayer (b) is granted. (A. S. OKA, J.)