IN THE HIGH COURT OF UTTARANCHAL AT NAINITAL. W.P. 1346 (M/B) 2001 (Old No. 39844 of 1998) M/s Anghalia Housing Pvt. Limited. ……Petitioner Versus State & Others ….Respondents Sri . A. Vashistha, Advocate for the petitioner. Learned Chief Standing Counsel for the respondents. Coram:Hon’ble S. H. Kapadia, C.J. Hon’ble Rajesh Tandon, J. Date: 26.08.2003: PC:- In this case, we were informed that the company is vertically divided. That there are serious disputes between the directors of the company. That the matter is pending before the Company Law Board. Yesterday, when the matter reached hearing, we enquired from the Learned Counsel as to under what authority the Managing Director had delegated his powers to the constituted authority to file this petition. Time was taken to obtain instructions. Matter was adjourned for that purpose. Today, when the matter reached regular admission, Learned Counsel for the petitioner states that he has no instructions in the matter. He applies for withdrawal of his application. Hence, the petition is rejected. However, this order will not prevent the petitioner from moving this Court if so advised after the dispute is resolved by the Company Law Board. Interim order, if any, shall stand vacated. (Rajesh Tandon, J.) (S.H.Kapadia, C.J.) Msp.