(1.) Heard Mr. A. D. Bhobe, learned Counsel appearing for the appellants, Mr. A. Nachinolkar, learned Counsel appearing for the respondent nos.1 and 2 and Mr. V. Amonkar, learned Counsel appearing for the respondent nos.3 and 4.
(2.) Admit on the following substantial questions of law:-
(3.) Mr. A. Nachinolkar, learned Counsel waives notice on behalf of the respondent nos.1 and 2 and Mr. V. Amonkar, leaned Counsel waives notice on behalf of the respondent nos.3 and 4.