IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO.1687 OF 2009 IN WRIT PETITION NO.9274 OF 2007 Yashwant D. Purandare ...Applicant (Org. Respondent) Vs. M/s. Shiv Santosh Dughdalaya ... Respondent (Org. Petitioner) --- Smt. Smita Gaidhani for Petitioner ---- CORAM: V.M. KANADE J. DATED 17TH JULY, 2009 P.C. 1. This application is taken out by the Applicant- Original Respondent directing the Registrar to release the amount of Rs.60,000/- deposited by the Respondent-Original Petitioner herein by accepting the Term Deposit Advice of Rs.20,000/-. None appears on behalf of the Respondent-Original Petitioner, though he has served. 2. By order dated 30th July, 2008, this Court was pleased to direct the Respondent-Original Petitioner herein to deposit the backwages within a period of four weeks. Accordingly he has deposited Rs.60,000/- in this Court. This Court was pleased to further direct that the Applicant-Original Respondent herein may withdraw the said amount on furnishing security to the satisfaction of the Registrar General. 3. The Learned Counsel for the Applicant submits that the Applicant is not in a position to furnish a bank guarantee for the amount of Rs.60,000/- or bank term deposit of Rs.60,000/-. She submits that a term deposit for an amount of Rs.20,000/- has been furnished, but that has not been accepted by the Registrar General. 4. In my view, since Rs.20,000/- term deposit has been submitted by the Applicant, the Registrar General may release the amount of Rs.60,000/- on the Applicant executing a personal bond and on his giving solvent surety for the balance amount of Rs. 40,000/-. In the event, the Applicant is not in a position to furnish a solvent surety for Rs.40,000/-, at least an amount Rs.20,000/- may be released by the Respondent. 4. Civil Application is, accordingly, disposed of. Parties to act on the authenticated copy. V.M. KANADE J.