AJN IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION CHAMBER SUMMONS NO.308 OF 2005 ALONG WITH WRIT PETITION (LODGING) NO.2707 OF 2005 The Indian National Shipowners Association (INSA) & Anr. ... Petitioners Vs. Union of India & Ors. ... Respondents And National Union of Seafarers of India. ... Applicant Mr. J.P. Cama with Mr. Arshad Shaikh i/b Krishna Tanna for the petitioners. Mr. Venkateshwaran with Mr. Vinay Masurkar and Mr. N.D. Sharma for respondents 1 and 3. Mr. A.V. Bukhari for respondent 2. Mr. K.K. Singhvi i/b Mr. Salgaokar for applicant. CORAM: CORAM: CORAM: SMT. RANJANA DESAI & SMT. RANJANA DESAI & SMT. RANJANA DESAI & ABHAY ABHAY ABHAY S. OKA, JJ. S. OKA, JJ. S. OKA, JJ. DATED: DATED: DATED: 12TH DECEMBER 2005. 12TH DECEMBER 2005. 12TH DECEMBER 2005. P.C.:- 1. We have heard the learned counsel for the parties. 2. For the reasons stated in the affidavit in support of the chamber summons, chamber summons is made absolute in terms of prayer clause (a). Amendment to be carried out within one week from today. 3. Chamber summons is disposed of. : 2 : 4. The learned counsel for the applicant in Chamber Summons No.308 of 2005 i.e. National Union of Seafarers of India and the learned counsel for respondent 2 state on instructions that on the Government recouping the shortage of Rs.92.78 crores with interest, they will accept it as one time settlement and that they will not treat the said decision as a precedent. 5. In view of the assurance given by the applicant and respondent 2, we direct the Union of India to take appropriate decision within a period of four weeks from today. 6. Office to place the petition on board on 16/1/2006. Statement made by Mr. Bukhari, the learned counsel for respondent 2 on 24/11/2005 shall continue to till 31/1/2006. (SMT. RANJANA DESAI, J.) (ABHAY S. OKA, J.)