-1- IN IN IN THE THE THE HIGH COURT OF JUDICATURE AT BOMBAY HIGH COURT OF JUDICATURE AT BOMBAY HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORDINARY ORDINARY ORIGINAL ORIGINAL ORIGINAL CIVIL JURISDICTION CIVIL JURISDICTION CIVIL JURISDICTION CHAMBER CHAMBER CHAMBER SUMMONS SUMMONS SUMMONS NO.755 OF 2004 NO.755 OF 2004 NO.755 OF 2004 IN IN IN ARBITRATION ARBITRATION ARBITRATION PETITION NO.112 OF 1997 PETITION NO.112 OF 1997 PETITION NO.112 OF 1997 Rajendra Yeshwant Shah ... Petitioner v/s Ashok Bimal Ghosh and anr. ... Respondents Mr Zal Andhyarujina i/b Mr A.V. Doijode for Petitioner. Mr Uday Bobde with Mr D.P. Guchiya for Respondent No.1. Mr P.N. Mody with Mr Sagar Divekar i/b M/s Wadia Gandhy and Co. for Respondent No.2. Mr Sunil Mansinghani, Chairman of the Bidder Sunchan Securities present. CORAM : D.K. DESHMUKH J. DATE : 29TH JUNE 2005. -2- P.C. :- 1. The learned counsel for the parties are unanimous that this chamber summons is already disposed off and that pursuant to the order passed in this chamber summons, the membership card of respondent No.1 has been disposed off and sale proceeds are in deposit with the Prothonotary and Senior Master of this Court. The learned counsel appearing for Bombay Stock Exchange informs that the Bombay Stock Exchange has accepted the highest bidder / purchaser of the card as their member as per order made by this Court. The Prothonotary and Senior Master of this Court is directed to encash earnest money deposited / pay order given by the successful bidder of Rs.5,00,000/- plus additional pay order of Rs.43,00,000/- given by the successful bidder and invest the amount in fixed deposit in a nationalised bank for appropriate period until further orders of this Court. The Prothonotary and Senior Master of this Court is also directed to return earnest money of Rs.5,00,000/- given by the other bidder viz. Nariman Point Finance Ltd. No further orders are necessary. Chamber summons stands fully disposed off. . Prothonotary and Senior Master and parties to -3- act on the copy of this order duly authenticated by the Associate / Personal Secretary of this Court as true copy. . Certified copy expedited. --------------------