ORDER

1. Mr Arun Jaitley, learned Senior Counsel made his arguments from 2.00 p.m. to 2.25 p.m. Thereafter, Dr. Rajeev Dhavan, learned Senior Counsel made submissions up to 2.40 p.m. Thereafter, Mr Mukul Rohatgi, learned Senior Counsel made his submissions up to 2.50 p.m. Mr ES. Nariman, e learned Senior Counsel made submissions from 2.50 p.m. to 3.10 p.m. Mr T.R. Andhyarujina, learned Senior Counsel made his submissions for ten minutes.

2. Arguments concluded. Judgment reserved. Written submissions, if any, to be filed by Monday, 16 - 1 - 2006.

3. After hearing the learned counsel appearing on behalf of the f petitioners and learned counsel appearing on behalf of the writ petitioner - respondents, the interim order dated 14 - 12 - 20051, passed by us, is modified to the extent that the petitioners concerned Le. those who are auction - purchasers of the lands belonging to National Textile Corporation and are otherwise covered by clause (e) of para 329 of the judgment of the High Court, shall be entitled to create third - party rights and/or raise 9 constructions subject to the condition that before creating such rights the third parties should be informed that the same shall be subj