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 ORDINARY ORDINARY ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION (57) COMPANY COMPANY COMPANY APPLICATION NO. 444 OF 2005 APPLICATION NO. 444 OF 2005 APPLICATION NO. 444 OF 2005 IN COMPANY APPEAL (L) NO. 7 OF 2001 IN COMPANY PETITION NO. 85 OF PETITION NO. 85 OF PETITION NO. 85 OF 2000 The United Western Bank Ltd. and Ors. ... Applicants Versus PIK Securities Management Limietd and Others ... Respondents WITH COMPANY APPEAL NO. 20 OF 2005 IN COMPANY PETITION NO. 85 OF 2000 PIK Securities Management Pvt. Ltd. & Ors. ... Appellants Versus The United Western Bank Ltd. & Ors. Respondents Mr. R.S. Chitnis with Mr. A.A. Baradza i/by Thakore Jariwala & Associates for Appellants in Company Appeal No. 20 of 2005 and Respondents in Company Application No. 444 of 2005. Mr. V.A. Bobde, Sr. Counsel with Mr. Manoj Wad and V.P. Savant for Respondent No. 1 in Appeal No. 20 of 2005 and Applicant in Company Application No. 444 of 2005. CORAM CORAM CORAM : A.M. KHANWILKAR,J. : A.M. KHANWILKAR,J. : A.M. KHANWILKAR,J. DATED DATED DATED : AUGUST 11, 2005 : AUGUST 11, 2005 : AUGUST 11, 2005 P.C. P.C. P.C. . The counsel for the Respondent prays for time to file reply affidavit to the statements made on affidavit in support of the application which is 2 unacceptable to the respondents. At the same time, respondents through counsel fairly concede that the application can succeed to the extent of prayer Clause (c) by modifying ad interim order granted by this court on 15.5.2001. In my opinion, therefore, it is unnecessary to invite reply on behalf of the respondents leaving all contentions open to the parties as would be available to them in the main proceedings. Suffice it to observe that this application is disposed of in terms of Prayer Clause (c) and all previous orders will stand modified to that extent. It is once again made clear that I have not expressed any opinion with regard to correctness or otherwise of the stand taken in this application or pleas available to the respondents to oppose the averments in this application. So far as main appeal is concerned, that will have to be considered for admission which be listed on 8.9.2005. All companion appeals be listed for admission on the same day. (A.M. (A.M. (A.M. KHANWILKAR,J.) KHANWILKAR,J.) KHANWILKAR,J.)