MC 923/2008 BEFORE HON’BLE MR JUSTICE H.N. SARMA By this application, the petitioner has prayed for extension of time for complyi ng with the order of this Court dated 3.3.2008 passed in Misc. Case No. 309/2008 to deposit the amount. Heard Mr. A. K. Goswami, learned Senior Counsel appearing for the applicant-peti tioner. Also heard Mr. B. D. Das, learned Counsel appearing for the Respondent N os. 2 to 5 and Mr. S.S. Dey, learned counsel appearing for Respondent No. 6. Vide order dated 3.3.2008 passed by this Court in Misc. Case No. 309/2008, the petitioner was asked to deposit Rs. 25 lakhs within three weeks. The petitioner not having been able to arrange the said amount has prayed for extension of time to pay the same. Mr. Dey, learned counsel appearing for Respondent No. 6,who is the Managing Dire ctor of the Petitioner Company, on the contrary submits that the financial posit ion of the petitioner company at present is not healthy and the company is looki ng for other alternative means to arrange the said amount for which a month’s ti me is required. However, Mr. Goswami has expressed his apprehension on the aforesaid submissions which may oust other members and shareholders of the company which is a family business. Be that as it may be, the matter would require further consideration at a later point of time. Upon hearing the learned counsel for the parties and on consideration of the pra yer made, the petitioner is granted further time of four weeks to pay the said amount of Rs. 25 lakhs from the date of expiry of the earlier term and would mak e such payment by 2-5-2008. It is needles to say that since the property of the company in question is alrea dy mortgaged/charged with the Corporation, the petitioner shall look into this a spects as well while making arrangement for the aforesaid money. This disposes of this petition.