IN THE HIGH COURT OF BOMBAY AT GOA MISC.CIVIL APPLICATION NO. 817 OF 2009 IN CIVIL APPLICATION NO. 182 OF 2009 STEEL AUTHORITY OF INDIA LIMITED VISVESVARAYA IRON AND STEEL PLANT ... Applicant Versus SESA GOA LIMITED ... Respondent Mr. Sudesh Usgaonkar,Advocate for the applicant. Mr. M. S. Joshi, Advocate for the respondent. Coram:- S.B. DESHMUKH & U. D. SALVI, JJ. Date:- 9th October, 2009 P.C. We have heard learned counsel for the respective parties. We have perused earlier order dated 24.9.2009 passed by this Court. While granting stay to the judgment and decree of the trial Court, statement of learned Counsel appearing for the applicant was recorded that entire decreetal amount would be deposited on or before 5.11.2009. That statement forms part of the order. After this order present civil application is filed on 30.9.2009. 2. By this application applicant seeks modification in the earlier order passed by this Court on 24.9.2009. Modification sought is that instead of depositing decreetal amount either in cash or demand draft in this Court, applicant/petitioner seeks liberty to give bank guarantee for said decreetal amount. 3. Counsel appearing for the respondent objects this application on the ground that ordinarily bank guarantee's life is about one year and in the absence of renewal the said bank guarntee, protection which is afforded to the decree holder, stands lost. 4. Counsel appearing for the applicant submits that furnishing of bank guarantee, to the High Court is a different matter and specific form requires to be filled in and tendered by the bank concerned. According to him said bank guarantee stands continued till disposal of the appeal and/or until further order by the Court. 5. In our view modification sought can be permitted. Applicant is permitted to furnish bank guarantee for decreetal amount. However, such bank guaranteed shall be of Nationalised Bank. 6. Counsel appearing for the applicant submits that bank guarantee shall be permitted to furnish till time permits. 7. Applicant is permitted to furnish bank guarantee within time period as ordered earlier. 8. Authenticated copy of this order is permitted to the parties as per their demand and as per usual procedure. 9. Civil Application is disposed of. S.B. DESHMUKH, J. U. D. SALVI, J. vn