1 IN IN IN THE HIGH COURT OF JUDICAUTRE AT BOMBAY THE HIGH COURT OF JUDICAUTRE AT BOMBAY THE HIGH COURT OF JUDICAUTRE AT BOMBAY CIVIL CIVIL CIVIL APPELLATE JURISDICTION APPELLATE JURISDICTION APPELLATE JURISDICTION CIVIL APPILCATION NO. 1860 OF 2005 IN FIRST FIRST FIRST APPEAL NO. 1709 OF 2003 APPEAL NO. 1709 OF 2003 APPEAL NO. 1709 OF 2003 Smt. Laxmibai Dinkar Barge and anr. ... Applicants Versus Maharashtra Industrial Development Corporation Ltd. Bombay and anr. ... Respondents Mr. Rahul Kate for Applicants. Mr. P.P. Chavan i/by Little & Co. for Respondents. CORAM CORAM CORAM : F.I. REBELLO & : F.I. REBELLO & : F.I. REBELLO & S.P. S.P. S.P. KUKDAY,JJ. KUKDAY,JJ. KUKDAY,JJ. DATED DATED DATED : APRIL 21, 2005 : APRIL 21, 2005 : APRIL 21, 2005 P.C. P.C. P.C. . The respondent was allowed to withdraw the amount deposited in terms of the order dated 9.7.2004 on furnishing a bank guarantee. By the present application, the applicant seeks dispensation of the furnishing of bank guarantee.That is not possible as in the event the appellant succeeds, money will have tobe brought back and the court must be assured that the money is available to the respondent herein. In the light of that, Application stands rejected. If the amount has not been invested, the amount be invested in a nationalised bank initially for the period of two years and thereafter for subsequent periods till final order of this court. (F.I. (F.I. (F.I. REBELLO,J.) REBELLO,J.) REBELLO,J.) (S.P. (S.P. (S.P. KUKDAY,J.) KUKDAY,J.) KUKDAY,J.)