R.K. Merathia, J.

1. Mr. Rajiv Ranjan, learned Counsel appearing for the BSFC submitted that this I.A., has been filed for taking action against the Ex-Director/any other persons, who are responsible for removing mortgaged plant and machinery.

2. The Official Liquidator submitted that he is not in a position to inform this Court about the allegations made in this interlocutory application. However, he submitted that the BSFC can taken action as may be permissible under the law.

3. On this, Mr. Rajiv Ranjan sought permission to withdraw this interlocutory application with liberty to the BSFC to proceed in accordance with law.

4. Accordingly, this interlocutory application is dismissed as withdrawn with liberty to the BSFC to proceed against the Ex- Director/any other persons responsible for removal of the assets in accordance with law.

5. I.A. No. 261/2011 stands disposed of.

C.P. No. 3 of 2003

6. The Valuation Report with regard to Jamshedpur property NS- 6, submitted by the Allahabad Bank and BSFC in terms of the order dated 7.1.2001 is opened in the Court. Let a copy of the valuation report be handed over to the Official Liquidator, who, in turn, will hand over a copy thereof to Mr