IN THE HIGH COURT OF JUDICATURE FOR RAJASTHAN AT JAIPUR BENCH, JAIPUR. ORDER S.B. CIVIL WRIT PETITION NO.812/2008 Jai Shree Woolen Mills Ltd. Vs.RFC & Anr. 17.7.2008. HON'BLE MR. JUSTICE DALIP SINGH Dr. Sougath Roy, for the petitioner. Shri N.S. Yadav, for the respondent. Heard learned counsel for the parties. So far as the application dated 5.3.2008 for extension of time is concerned, whereby the petitioner has prayed for two months time for depositing the remaining amount, the same is dismissed since 4 and half months have already expired since the filing of the application and the amount has not been deposited. The submission of the learned counsel for the petitioner is that the financiers and financial institutions are not willing help the petitioner till such time as the possession of the unit is not given to the petitioner to enable him to start production. On this amount the petitioner was not able to deposit the amount. He submits that this court may direct the respondent to handover the possession of the unit to restart the production so the finance may be arranged. So far as the above prayer is concerned the petitioner may approach the respondent with complete and detailed proposal in this behalf giving the details of persons willing to finance the petitioner and an affidavit so that the respondent may be in a position to verify and take a decision on the above aspect on merits. The petitioner may submit the proposal within a week along with details of financier and their affidavits and to show the viability of the proposals for starting the unit and commencing production and the proposal giving details as to how the petitioner seeks to make repayment of the amount. It is expected that the RFC shall take a decision on the proposal with a view to see the viability of the proposal of the petitioner to restart the unit and repayment of dues to the RFC in installment which may be worked out. Till the decision is taken by the respondent, the unit of the petitioner shall not be put to auction. If any bids have been received in the earlier auction no further steps to finalise the same shall be taken till a decision is taken by the respondent and communicated to the petitioner. Before finally taking a decision on the proposal the RFC shall call the petitioner for a personal hearing. Learned counsel for the parties submit that in view of the above writ petition may be disposed of. The writ petition and the application accordingly stand disposed of. (DALIP SINGH),J. Ramchandrkhatri,PS