2011 (4) TMI 1143

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..... f - respondents submitted, on instructions, that in view of the directions issued by this Court in Ext.P1 judgment and Ext.P3 order, the second respondent will not encash the bank guarantees until the statutory period of limitation prescribed for filing appeals from Exts.P4 and P5 expires and will encash the bank guarantees only if the petitioners do not prefer appeals within the said period, writ .....

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..... hed bank guarantee for the remaining one half. Such an arrangement was made pursuant to the decisions of this Court evidenced by Exts.P1 and P3. The grievance voiced by the petitioners is that even before the period of limitation prescribed for filing appeals from Exts.P4 and P5 orders have expired, the first respondent has taken steps to invoke the bank guarantees furnished by them pursuant to th .....

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..... scribed for filing appeals from Exts.P4 and P5 expires and will encash the bank guarantees only if the petitioners do not prefer appeals within the said period. In the light of the said submission, the petitioners cannot have any grievance. I accordingly dispose of the writ petition recording the said undertaking and with a direction to the respondents to extend to the petitioners, the benefit of .....

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