upa 1 nmw455-10 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION NOTICE OF MOTION NO. 455 OF 2010 IN WRIT PETITION NO. 1341 OF 2010 Smt.Sangeeta Ratadiya and others ).. Petitioners Versus Oriental Bank of Commerce and others ).. Respondents ALONG WITH NOTICE OF MOTION NO. 456 OF 2010 IN WRIT PETITION NO. 1338 OF 2010 Mr. Sanjay Ratadiya and others ).. Petitioners Versus Oriental Bank of Commerce and others ).. Respondents Mr. Mayur Khandeparkar i/b Mrs.Uma S. Fadia for the Petitioners. Mr. P.D. Prasad i/b Goenka Law Associates for Respondent No.1. Mr. Rohit Pandey i/b Dhiren H. Shah for Respondent No.3. CORAM : MOHIT S. SHAH, C.J. AND S.C. DHARMADHIKARI, J. Friday, September 3,, 2010 P. C. : The learned counsel for the petitioners states that the petitioners have already deposited Rupees ten lakhs after this Court upa 2 nmw455-10 passed the order dated 20th July 2010 and that the petitioners will deposit a further sum of Rupees Twenty five lakhs by 30th September 2010. The learned Counsel further states that the balance amount of Rupees Twenty five lakhs so as to make it total deposit of Rupees Sixty lakhs after 20th July 2010, will be deposited by the petitioners with the respondents by 20th October 2010. 2. The learned Counsel for the respondent-bank states that the Bank shall take over symbolic possession of the property in question within one week from the date the petitioners deposits a total sum of Rupees Sixty lakhs as indicated above. 3. It is clarified that in case the petitioners do not deposit the total amount of Rupees Sixty lakhs within the aforesaid time schedule, the respondent-bank will be at liberty to take action in accordance with law. 4. Till the aforesaid arrangement is carried out, the Debt Recovery Tribunal shall keep the petitioners’ application under Section 17 of the Securitisation of Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 pending. 5. With the above directions, both the Notice of Motions stand disposed of. CHIEF JUSTICE S.C. DHARMADHIKARI, J.