1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO. 657 of 2009 IN COMPANY PETITION NO. 753 of 2004 SICOM LIMITED ....Applicants v/s. The Official Liquidator of Malhotra Steels ....Respondents Vishal Kanade i/b. Kartikeya & Associates for the applicants. Dy. OL M. Chandanamuthu present. CORAM:- A.M.KHANWILKAR, J DATED:- June 18, 2009. P.C. Counsel for the Applicant submits that in view of the recent Judgment of the Apex Court reported in (2000) 4 SCC 406 Allahabad Bank v/s. Canara Bank & anr., it is not necessary to invite direction of this Court as sought in terms of prayer clause (a) of this Application. The Applicants, therefore, wish to withdraw this application with liberty to pursue appropriate remedy before Debt Recovery Tribunal. 2 2. This, however, is not an expression of opinion either way on the correctness of the stand taken by the applicant that no leave as sought is required to be obtained by the applicants. Application allowed to be withdrawn on the above terms. Ordered accordingly. (A.M.KHANWILKAR, J)