1 abs IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 1463 OF 2010 IN WRIT PETITION NO. 7398 OF 2009 Punjab and Sind Bank .. Petitioner V/s Hirachand Arjan Patel & Ors. .. Respondents Mr. S.H. Patel for the petitioner. Mr. R.R. Nagda for the respondents. CORAM : D.G. KARNIK, J. DATE : 10TH JUNE 2010 P.C. : 1. Heard. 2. A decree for possession has been passed against the petitioner. While dismissing the Writ Petition No.7398 of 2009 against the decree for possession, this Court by its order dated 7th December 2009 granted time of 6 months to vacate the premises subject to the petitioner filing an usual undertaking. Accordingly an undertaking has been filed. Time to vacate the premises has expired on 6th June 2010. 3. By this application, the petitioner prays for extension of time to vacate. Learned counsel for the petitioner submits that the petitioner has taken other premises on rent, but furniture making is still in progress and it needs time upto 31st July 2010. The area 2 of the existing premises is about 4500 sq. ft. while the area of the new premises is about 1400 sq. ft. The rent for the new premises is Rs.1,78,000/- per month approximately. While extending the time for vacating the premises, the petitioner is required to ensure that it pays the compensation to the respondent for use of suit premises at the market rate which cannot be less than Rs. 1,78,000/- per month. 4. In the circumstances, time to vacate the premises is extended upto 31st July 2010 subject to the petitioner paying compensation at the rate of Rs.1,78,000/- per month from 7th June 2010 till it vacates the premises. Extension of time would become effective only on petitioner filing an undertaking within one week from today to vacate the premises by 31st July 2010 and undertaking to pay compensation at the rate of Rs.1,78,000/- per month from 7th June 2010 till the petitioner vacates the premises. 5. The civil application is disposed of with the above order. (D.G. KARNIK, J.)