3 The issuesraised by the petitioner shall be examined upon filing counterby responden-t' -Outstanding dues as oi zs.tt.iozlare Rs.33,12,Q43'92Ps' However'having i"gutd to thefacts and circumstances of the case and in th6 interest ofjustice, I am not inclined to interdict the saie pioce"oingiat this stage' Accordingly,respondent rnuy' go aneiOwith auctionsale proceedingsas scheduled.However, respondent is directed not to confirm ihe sate infavour of the successful bidder(s), subject to in" p"tition"rdepositing30o/oof the oulstandingdues in two'instalments.The fiist instalment 15o/o is directed to be depositedwithin two weeksfrom the date of this order inO tn" secondinstalment 15o/o of the dues is directed to be depositedwithin two weeksthereafter directly with the iutpoilOunt. Inthe event of failure of complianceof any of the' aforesaid conditions,the interim stay shall stand vacated and therespondentmay proceed further as per law, but suchproceedingsshall be subjectto the outcome of the SA,The respondent is further directedto communicate tothe prospective biddersof the pendency of the SA wellbeforethe commencementof the auction proceedings.
