:1: IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION WRIT WRIT WRIT PETITION (L) NO.1955 OF 2008 PETITION (L) NO.1955 OF 2008 PETITION (L) NO.1955 OF 2008 Protecto Engineering Private Ltd. & Anr. ..Petitioners V/s The Saraswat Co-operative Bank Ltd. & Ors. ..Respondents Mr.V.R. Dhond a/w T.N. Tripathi i/b T.N. Tripathi & Co. for the petitioners Mr.Harshad Bhadbhade i/w Swati Sawant for respodnent Nos. 1 and 2 Mr. H.K.Vardhan a/w Heena Shah for respondent No.3 Ms. S.M. Dandekar, AGP for respondent No.4 CORAM CORAM CORAM : P.B.MAJMUDAR AND : P.B.MAJMUDAR AND : P.B.MAJMUDAR AND A.A. A.A. A.A. SAYED, JJ. SAYED, JJ. SAYED, JJ. DATE DATE DATE : 17TH SEPTEMBER, 2008 : 17TH SEPTEMBER, 2008 : 17TH SEPTEMBER, 2008 P.C. 1. At the time of hearing of the petition since there is consensus prevailing between the parties, it is not necessary to go in detail about the matter. The learned Counsel appearing for respondent No.1- Saraswat Co-operative Bank Ltd. after taking instructions from his client states that that the Bank will take formal possession on paper regarding the property of the petitioner-company and no further action except taking formal possession by the Bank :2: will be taken for four weeks. Learned Counsel for the petitioners submitted that as and when formal possession is taken up by respondent No.1-Bank the petitioner shall approach DRT for necessary reliefs. The said statements have been recorded and parties to abide by the same. It is clarified that we have not expressed any opinion on merits of the matter and it is for DRT who is competent authority to decide the matter as and when it is filed before it. All the contentions are kept open for both the sides and we have not decided any of the points raised in this petition and accordingly all the points are kept open for both the sides. Interim relief stands vacated. 2. Subject to what is stated above the petition is disposed of. (P.B. (P.B. (P.B. MAJMUDAR, J.) MAJMUDAR, J.) MAJMUDAR, J.) ( A.A. SAYED, J.) A.A. SAYED, J.) A.A. SAYED, J.)