1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE CIVIL APPLICATION NO.34 OF 2008 WITH WRIT PETITION NO.7274 OF 2002 M/s.Maxcut Engineering Pvt.Ltd. & ors. Applicants Vs. Union Bank of India & anr. Respondents Mr.R.D.Soni i/b. M/s.Ram & Co. for applicants. CORAM: B.H.MARLAPALLE, J. February 6, 2008 P.C. . Heard Mr.Soni, the learned counsel for the applicants. The applicants pray for an order to refund the amount of Rs.5,00,000/- (Rupees five lacs only) deposited with the Registry of this Court consequent to the order passed in Writ Petition No. 7274 of 2002 on 28th April 2003. Along with the civil application, certificate dated 30/11/2007 issued by the Chief Manager of the respondent - Bank i.e. Union Bank of India has been annexed and the original of the same has also been produced before the Court by Mr.Soni. As per the said certificate the Bank has received from the applicant - company a sum of Rs.50 lacs (Rupees fifty lacs only) by way of one time settlement of their loan account in full and 2 the Bank has accepted the said settlement. The certificate further states that the Bank has no objection if the amount deposited with the Registry of this Court is withdrawn by the applicant - company. The certificate also states that the bank has released its charge over the assets of the company viz. land and building situated at Plot No.A-177, MIDC Phase I, Dombivli, Dist. Thane and the ownership flat of Mr.Mansukh C. Jain situated at C/23-I, Hamsadhwani Co-op. Hsg.Society Ltd. LIC Colony, Borivali (West), Mumbai. . Hence, Writ Petition No.7274 of 2002 is hereby disposed as withdrawn. Rule is discharged with no order as to costs. . Civil Application No.34 of 2008 is allowed in terms of prayer clause (a). (B.H.MARL