MUKTA GUPTA, J.

1. These Appeals are directed against a common Impugned Order dated 27th January, 2010 whereby the Appellants' Applications under Order XXXIX Rule 1 and 2 were dismissed and that of the Respondent under Order XXXIX Rule 4 CPC were allowed thereby vacating the ex parte status quo order granted in favour of the Appellants.

2. The Appellants were the successful bidders of the tenders invited in the year 2001 by the Respondent for licenses in respect of open air restaurants on the premises granted by the Respondent whereupon the Appellants started restaurants in the name of “Cup-n-Saucer Open Air Restaurant” and “M/s New Shehnai Banquet Hall & Restaurant” from Minto Road and Asaf Ali Road respectively. The licenses were executed on 8th January, 2002 and 16th October, 2002 valid for five years.

3. The case of the Appellants is that before the expiry of the license period in view of the Resolution No.494 of the Municipal Corporation of Delhi (MCD) permitting the licensed properties of MCD to be converted into lease hold on the basis of market rate of L&DO/DDA or on the basis of rates fixed by the Reserve Price Fixation Committee to be constituted by the Commiss