IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION WRIT PETITION NO. 2311 OF 2009 Sharp Industries ... Petitioner Versus Asset Reconstruction Co. India Limited. ... Respondent Mr. M.M. Vashi i/by M/s. M.P. Vashi & Associates for the petitioner. Mr. D.D. Madon, Senior Advocate with Mr. Vinod Kothari, Mr. Mikhail Behl, Mr. Sahil Saijad i/by M/s.Apex Law Partners for the respondent No.7. CORAM : SWATANTER KUMAR, C.J. & A.M. KHANWILKAR, J. DATED : 7TH DECEMBER, 2009 P.C. In furtherance to our order dated 25th November, 2009, Pay Order of Rs.2 crore has admittedly been received by the Bank. As our order is clear, we do not think it necessary to issue any further clarification. However, in order to respond to the good gesture shown by the respondent, the counsel appearing for the petitioner on instructions from the authorised officers of the petitioner who are present in court submits that they would pay another sum of Rs.2 crores by 31st December, 2009 and the entire balance by 15th January, 2010 as already recorded. 2. We, therefore, do not see any reason to keep the matter pending and the same is disposed of. 3. As per our order dated 25th November, 2009, the undertaking has been filed in court today, taken on record. The appellant shall abide by the undertaking. The undertaking shall stand modified to the extent aforementioned. In the event of default, the entire amount shall be recovered as stated in our earlier order. CHIEF JUSTICE A.M. KHANWILKAR, J.