JUDGMENT :

Satish Chandra Sharma, J.

1. The present writ appeal is arising out of order dated 13.11.2008 passed in W.P.No.4926 of 2008 by the learned Single Judge.

2. The undisputed facts of the case reveal that Industrial Development Bank of India, a Government Banking Company registered under the Companies Act, 1956 has filed the writ petition in the year 2008 and later on, the name of the petitioner company was changed to IDBI Bank Limited after following the due process of law as provided under the Companies Act, 1956.

3. During the pendency of the writ appeal, an application was filed by the writ petitioner/respondent in the writ appeal for amendment and in place of Industrial Development Bank of India to IDBI Bank Limited has been substituted. The factum of change of name has also been recognized by the Reserve Bank of India, vide order dated 08.09.2008. The change in the name took place on account of the fact that the Life Insurance Company of India has acquired major share holdings in the writ petitioner/respondent Bank and now it is known as IDBI Bank Limited (for short, “the Bank”). The facts further reveal that the Bank at the time when it was completely owned and controlled