pvr 1 nm3555-3556-apl832-833 IN THE HIGH COURT JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION NOTICE OF MOTION NO.3555 OF 2010 IN APPEAL (LODG)NO.832 OF 2010 IN ARBITRATION PETITION NO.92 OF 2008 M/s.Krishna Knitwear Technology Ltd. ...Appellant vs. The Cotton Corporation of India Ltd. ...Respondent AND NOTICE OF MOTION NO.3556 OF 2010 IN APPEAL (LODG)NO.833 OF 2010 IN ARBITRATION PETITION NO.93 OF 2008 M/s.Krishna Lifestyle Technology Ltd. ...Appellant vs. The Cotton Corporation of India Ltd. ...Respondent --- Mr.N.H.Seervai, Sr.Advocate with Mr.B.B.Saraf, Mr.Amit Jajoo, Mr.Dinesh Jain, Mr.Aman Varma, for Appellant in both the appeals. pvr 2 nm3555-3556-apl832-833 Mr.D.D.Madan, Sr.Advocate with Nikhil Sakhardande, Mr.D.R.Mehta, Ms.Trupti Shetty i/b. Dhrue Liladhar & Co., for Respondent in both the appeals. --- CORAM: D.K.DESHMUKH & N.D.DESHPANDE,JJ. DATED: 14th February,2011 P.C.: 1. Heard the learned Counsel appearing for both the sides. 2. Notices of motion are granted in terms of prayer clause (a), subject to the condition that within a period of Eight weeks from today, the appellant shall furnish bank guarantee of a nationalised bank in the amount of Rs. 12,50,00,000/- (Rupees Twelve crores fifty lakhs only) to the satisfaction of the Prothonotary and Sr.Master of this Court and also solvent security to the satisfaction of the Prothonotary and Sr.Master of this Court in the amount of Rs. 12,50,00,000/-. Before accepting the solvent pvr 3 nm3555-3556-apl832-833 security and the bank guarantee, the Prothonotary and Sr.Master of this Court shall give notice to the Respondent. Notice of motion is disposed of. (D.K.DESHMUKH,J.) (N.D.DESHPANDE,J.)