IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION APPEAL (LODGING) NO.630 OF 2008 IN COURT RECEIVER REPORT NO.316 OF 2008 IN ARBITRATION PETITION NO.131 OF 2004 Smt. Deviben Bhawani Shankar Trivedi and others ... Appellants Vs. Durga Shankar M. Trivedi and another. ... Respondents Mr. Narayan Sahu i/by M/s. S.K. Srivastava & Co. for the appellants. Mr. R.D. Dave i/by M/s. N.N. Vaishnawa & Co. for the respondents. Mr. K.L. Vyas, Court Receiver present. CORAM: SWATANTER KUMAR, C.J. & DR. D.Y. CHANDRACHUD, J. DATE : 15TH JANUARY, 2009 P.C.: The learned counsel appearing for the appellants upon instructions submits that they are agents of the Court Receiver and would pay a sum of Rs.45,000/- per month in relation to the premises in question. The compensation/royalty appears to be fair particularly in view of the fact that the respondents have no objection and even the amount of compensation indicated by the Valuer is lower than the offer made by the appellants in the present case. Consequently, we permit the appellants to take possession of the property in question and continue thereon as per the terms and conditions stated by the Receiver while paying regularly the compensation of the royalty at the rate of Rs.45,000/-. The appeal is, accordingly, disposed of. No order as to costs. CHIEF JUSTICE DR. D.Y. CHANDRACHUD, J.