:1: IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION NOTICE OF MOTION NO.200 OF 2009 IN WRIT PETITION NO.533 OF 2008 Rupee Co-op. Bank Ltd. ..Petitioner. Vs. M/s. Rafik Trading Company and ors. ..Respondents. Mr. Simil Purohit i/by Little & Co. for the Petitioner. Mr. T.N.Tripathi for the Respondent No.1. CORAM : D.K. DESHMUKH & R.S.MOHITE, JJ. DATE : 13th April, 2009 P.C. P.C. P.C. 1. Heard learned counsel for the parties. 2. The dispute in Writ Petition No.533 of 2008 is Whether DRAT was justified in directing refund of the amount of security deposit i.e. Rs.14,40,926/-. That amount we have been informed is presently with the Receiver appointed by the DRT. It is the case of the petitioner-bank that the amount of security deposit stands forfeited. However, it is also an admitted position that till today amount has not been dealt with by the Receiver and is in possession of the Receiver. In our opinion, it would be in the interest of justice to direct the Receiver appointed by the DRT not to hand over amount of Rs.14,40,926/ i.e. amount of security deposit given by respondent No.1 who had taken out this :2: notice of motion to anybody and to hold the said amount to the credit of this petition. The Receiver shall invest the amount in fixed deposit in a nationalised bank during the pendency of this petition. No relief in terms of prayer clause (b) can be can be granted. Motion disposed off. ( D.K. DESHMUKH, J.) (R. S. MOHITE, J.)