1 srk IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION APPEAL NO. 353 OF 2009 IN COMPANY APPLICATION NO. 759 OF 2009 IN COMPANY PETITION NO. 487 OF 2009 IN COMPANY APPLICATION NO. 438 OF 2009 S. Anantharaman .. Appellant -versus Reliance Communications Ltd. .. Respondent. Mr N Venkatraman Sr. Advocate with Muttu Venkatraman i/b Madekar & Co. for Appellant. Mr Iqbal Chagla Sr.Advocate with Janak Dwarkadas Sr. Advocate i/b Dr. V.V.Tulzapurkar Sr.Advocate, Virag Tulzapurkar Sr.Advocate, J.C. Pereira, Ankit Lohia i/b Rajesh Shah & Co. for respondent. CORAM: D.K. DESHMUKH & R. G. KETKAR, JJ. DATED: 23rd September, 2009. P.C. The learned counsel appearing for the demerged company states that even the demerged company will follow 2 the Accounting standard 11 and Accounting standard 5 as the resulting company has already undertaken before the learned Single Judge that it would follow the Accounting standards 11 and Accounting standard 5. The statement is accepted. In view of this statement made by learned counsel, appearing for the demerged company, no orders are necessary. Appeal therefore, disposed of. As the Appeal is disposed of, Notice of Motion No. 3215 of 2009 becomes infructuous and disposed of as such. (D.K. DESHMUKH, J) (R.G. KETKAR, J)