1 FARAD CONTINUATION SHEET No. IN THE HIGH COURT OF JUDICATURE AT BOMBAY NAGPUR BENCH AT NAGPUR C.A.W. NO. 308/2011 IN Writ Petition No. 629/2007 (M.S.Co-op. Bank Ltd. Nagpur VERSUS State of Maharashtra & others) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Office Notes, Office Memoranda of Coram, Court's or Judge's orders appearances, Court's orders of directions and Registrar's orders - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Shri M.V. Samarth, counsel for the petitioner. Ms U.R. Tanna, counsel for the R-2. Shri V.M. Deshpande, counsel for the R-4 to 24. Shri P.D. Meghe, counsel for the R-3. Shri Voditel, counsel for the Intervenor. Shri D.B. Patel, A.G.P. for the R-1-State. Shri V.S. Kukde, counsel for the Intervenor. CORAM : SMT. VASANTI A. NAIK, J. DATE : FEBRUARY 8 , 2011 . Heard Shri Kukde, the learned counsel for the applicant and the learned counsel for all the other parties. It appears that this Court has, by an order dated 31.01.2011 directed the applicant to deposit an amount of Rs. 18.11 Crores in this Court, as according to the applicant, he was ready to give a bid, which was higher than the bid of the Intervenor, Nirmal Ujwal Credit Cooperative Society. The learned counsel for the Intervenor Nirmal Ujwal Credit Cooperative Society strongly opposes the prayer made in the civil application and submits that the counsel for the applicant had not pointed out to this Court on 31.01.2011 that the applicant was not in a position to deposit an amount of Rs.18.11 Crores in this Court within a period of one week. It is necessary to note that the Intervenor Nirmal Ujwal Credit Cooperative Society has offered a bid of Rs.16,40,73,000/- and has also filed an application for 2 depositing 30% of the bid amount i.e. to the tune of approximately Rupees Five Crores in this Court. In such circumstances, it would be necessary in the interest of justice to modify the order dated 31.01.2011 to certain extent so as to direct the applicant to deposit an amount of Rupees Five Crores in this Court within a period of one week. In case, the applicant fails to deposit the said amount in this Court within a period of one week, the order dated 31.01.2011 and the present order permitting the applicant to give the offer of Rs.18.11 Crores for purchase of the property would stand recalled and this Court would consider the processing and acceptance of the bid of Nirmal Ujwal Credit Cooperative Society by passing suitable orders. The civil application is allowed in the aforesaid terms and disposed of. Stand over to 15.02.2011 for further orders. JUDGE APTE