( 1 ) THE Court : In this application the petitioners had prayed for a direction on the Sikkim Bank Limited to allow the petitioner to withdraw, from its account No. 178 maintained with the bank, a sum of Rs. 40 lac for payment of wages of its workers, and also for necessary directions on the Reserve Bank of India for the release of the moneys in that regard. The facts of the case in short would appear to be that the company had been wound up by an order of the court, and in an application by some of the creditors of the company a scheme was sanctioned by this court by an order dated June 16, 1989 and the committee of management assumed the responsibility of running the business of the company. By an order dated March 11, 1994 the Supreme Court directed the committee of management to deposit a sum of Rs. 8 lac every month with the Registrar, Original Side of this court. The committee of management was replaced by another committee by an order dated December 13, 1994, and this order had been affirmed by the court of Appeal, as far as the appointment of the new committee of management was concerned, by its order dated September 21, 1995. The new committee of m