IN THE HIGH COURT OF JUDICATURE, ANDHRA PRADESH AT HYDERABAD WEDNESDAY, THE 28th DAY OF SEPTEMBER, TWO THOUSAND AND ELEVEN PRESENT HON’BLE SRI JUSTICE A.GOPAL REDDY AND HON’BLE SRI JUSTICE K.S.APPA RAO CIVIL REVISION PETITION No.1660 of 2011 Between: P.Gnana Dev … Petitioner And P.V.Narasimham and another … Respondents This Court made the following: HON’BLE SRI JUSTICE A.GOPAL REDDY AND HON’BLE SRI JUSTICE K.S.APPA RAO CIVIL REVISION PETITION No: 1660 OF 2011 ORDER: - (Per Hon’ble Sri Justice A.GOPAL REDDY) When the vacate stay petition is taken up for hearing and this Court is not inclined to continue the injunction in view of attaining finalty in the earlier round of litigation making it clear that the arbitrator can take possession of the assets of the firm, and the revision against the orders of the Arbitrator for taking possession of the assets of the firm pursuant to the orders passed by the civil Court, cannot be revisable under Article 227 of the Constitution as held by this Court in Chintakayala Siva Rama Krishna v. Nadimpalli Venkata Rama Raju and Ors. {AIR 2006 A.P. 234}, learned counsel for the petitioner seeks permission to withdraw the revision petition with a liberty to avail the remedies available to the petitioner. Permission is accorded. The Civil Revision Petition is, accordingly, dismissed as withdrawn granting liberty to the petitioner to avail the remedies available to him in accordance with law. There shall be no order as to costs. _____________________ A. GOPAL REDDY, J ___________________ K.S.APPA RAO, J 28.09.2011 lmv HON’BLE SRI JUSTICE A.GOPAL REDDY AND HON’BLE SRI JUSTICE K.S.APPA RAO CIVIL REVISION PETITION No.1660 of 2011 28.09.2011 lmv