1 16,conpw-48-11 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION jmi CONTEMPT PETITION NO. 48 OF 2011 IN NOTICE OF MOTION NO. 413 OF 2010 IN WRIT PETITION NO. 1855 OF 2001. Leela Bhagwansingh Advani & Ors. ..Petitioners. vs. Union of India & Ors. ..Respondents. .... Mr. Anturkar, i/b. S.B. Deshmukh, for Petitioners. Mr. Shyam Mehta, Senior Counsel, a/w. Mr. S.R. Rajguru, Mr. G. Hariharan, i/b. Dr. T.C. Kaushik, for Respondent Nos. 1 to 3 & 5. .... CORAM : S.J. KATHAWALLA, J. DATE : 13TH DECEMBER 2011. P.C. : Heard the Learned Advocates appearing for the parties. Pursuant to the undertaking given on behalf of the Respondent No. 3 an amount of Rs. 15,83,02,046/- is deposited with the Prothonotary and Senior Master. The Learned Senior Advocate appearing for the Respondent Nos. 1 to 3 and 5 submits that the Petitioners may be allowed to withdraw the said amount only if the Petitioners are agreeable to give a bank guarantee of a nationalised bank in the sum of Rs. 15,83,02,045/- to the satisfaction of the Prothonotary and Senior Master. 2. The Learned Advocate appearing for the Petitioner undertakes to withdraw the said amount of Rs. 15,83,02,045/- upon furnishing a bank guarantee of a nationalised bank to the satisfaction of the 2 16,conpw-48-11 Prothonotary and Senior Master of this Court. The undertaking is accepted. 3. In view thereof, the Petitioners withdraw the Contempt Petition. The Contempt Petition is disposed of as withdrawn. The Learned Advocate appearing for the Petitioners states that there is a dispute to the extent of Rs. 1,55,00,000/- qua the payment of interest. The Petitioners shall be at liberty to take appropriate proceedings to recover the said amount which proceedings shall be decided on its merits. [ S.J. KATHAWALLA, J. ]