1 95 cra.721.11 ndm IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE JURISDICTION CIVIL REVISION APPLICATION NO. 721 OF 2011 Central Bank of India. ... Applicant Versus The Indian National Press (Bombay) Private Limited. ... Respondent ----- Mr. G.S.Bhat for the Applicant. Mr. Virendra Tulzapurkar, Senior Counsel, a/w Mr.Nikhil Sakhardande a/w Ms Sowmya Srikrishna i/b Mrs. Anil V. Acharya for the Respondent. ----- CORAM : A.S.OKA, J. DATE : 15 th November, 2011. P.C. 1 Heard the learned counsel appearing for the Applicant and the learned senior counsel appearing for the Respondent. 2 The learned counsel appearing for the Applicant on instructions states that the Applicant is not pressing the revision application on merits. However, he prays for time of one year to 2 95 cra.721.11 vacate the suit premises as the Applicant will need certain time to make arrangements for shifting its branch / office. The prayer for grant of time to vacate the suit premises is opposed by the learned senior counsel appearing for the Respondent. 3 The learned counsel appearing for the Applicant has made a statement that the Applicant is not pressing the revision application on merits. Hence, the decree for possession will attain finality. Considering the fact that the Applicant is a Bank, time of one year to vacate the suit premises deserves to be granted subject to condition of the authorized officer of the Applicant filing usual undertaking in this Court. 4 The learned counsel appearing for the Applicant states that Mr.M.Jayaramaiah, Senior Manager of the Applicant is personally present in the Court who has instructed him. 5 Hence, I pass the following order: i. The Civil Revision Application is dismissed as 3 95 cra.721.11 not pressed ; ii. Notwithstanding the dismissal of the Civil Revision Application, the decree for possession shall not be executed for a period of one year from today subject to condition of the authorized officer of the Applicant filing usual undertaking in this Court within a period of six weeks from today ; and iii. If the usual undertaking is not filed within the stipulated time, the decree for possession shall become forthwith executable. [ A.S.OKA, J ]