1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION rpa WRIT PETITION NO. 1658 OF 2009 Bank of India & Anr. .. Petitioners. v/s. Union of India & Ors. .. Respondents. .... Mr. S. C. Naidu i/b. M/s. C. R. Naidu & Co. for the Petitioners. Mr. M. J. Joy for Respondent No.1- Union of India. Mr. Manohar Rajput for Respondent No.2. Mr. Rafiq Peermohhiddin i/b. Mr. S.S. Ghosh for Respondent No.4. .... CORAM : S.J. KATHAWALLA, J. DATE : FEBRUARY 1, 2010. P.C. The following order is passed by consent of the parties : :: O R D E R :: i. The prohibitory order dated 16th October, 2007 at Exhibit B to the Petition, is set aside, and the directions given to the Petitioner Bank vide letters dated 20th November, 2007, 14th August, 2008, 15th October, 2008, 9th January, 2 2009 and 2nd February, 2009 at Exhibit Nos. D, F, G, I & J, shall be of no consequence. ii. Respondent No. 1 shall issue a fresh prohibitory order against the Petitioner and/or any other party within a period of four weeks from today and shall give a hearing to the parties within a period of two weeks thereafter. iii. In the event of the order passed by Respondent No.2 is adverse to Petitioner or any other party hereto, the same shall not be implemented for a period of two weeks from the date of service of the said order on such party. iv. The amount of Rs. 62,94,016/- blocked in Account No. 1050138 as per the order of this Court dated 3rd August, 2009 shall remain to be blocked until the orders passed by the Respondent No. 2 is in favour of the Petitioners or until the Petitioners obtain further orders 3 after impugning the fresh orders to be passed by the Respondent No.2. v. The writ petition is, accordingly, disposed of with no order as to costs. [ S.J.KATHAWALLA, J. ]