1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO. 783 OF 2005 B.I.F.R. ...Petitioner v/s. Maharashtra Electronic Corp. Ltd. ...Respondents CORAM:- A.M.KHANWILKAR, J DATED:- June 25, 2009. P.C. This Petition was registered as suo moto Petition on the basis of recommendation made by BIFR to wind up the Respondent company. That recommendation was made on 29/5/2003. It is noticed from the record that against the said recommendation the Respondent company had carried the matter in appeal. In the said proceedings AIFR was pleased to remand the matter to BIFR for reconsidering afresh. In other words, the earlier order passed by BIFR is no more in existence. That being the basis to entertain the present Petition, the present Petition would not survive for consideration. That, however, does not mean that it will not be open to BIFR to record its opinion once again for winding up of Respondent company subject to availability of material before it to substantiate that finding. For the time being, suffice it to 2 observe that this Petition cannot be continued any further as the basis on which it was registered is no more in existence. Accordingly, the same is disposed of. (A.M.KHANWILKAR, J)