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4. It is further made clear that the appellants, in the meanwhile, shall neither alienate nor create third party interest in the properties owned and possessed by ZIL.

List this matter for final hearing on May 7, 2013."

4. The brief facts are that there are seven Appellants in the present appeal and Appellant No. 1 i.e. Zenith Infotech Ltd. ("ZIL") is a public limited company incorporated under the Companies Act, 1956 with its registered office at Navi Mumbai. Its shares are listed on the Bombay Stock Exchange Ltd. ("BSE") and the National Stock Exchange Ltd. ("NSE"). ZIL claims to be a leading international company specialising in delivering innovative IT solutions for virtual infrastructures, data storage and backup, and disaster recovery etc. It has about 900 employees in its offices spread across the globe. It had two sets of businesses: firstly; Cloud Computing Business ("CCB") and secondly; Managed Services Division Business ("MSD Business") prior to its (i.e. "MSD's") sale to Continuum Managed Services, LLC ("CMS"), on or about September 23, 2011.

(i) The undertaking given by Defendant Nos. 1, 5, and 6 viz.

that the Defendants shall until further orders not dispose of, sell, transfer alienate or create any third party right or interest in respect of their Cloud Computing Business valued by the Plaintiff's Valuers M/s. Grant Thornton between 198 Crores and Rs. 239.8 Crores and by M/s. Ernst & Young Pvt. Ltd. in their second report between 152 crores and Rs. 211 crores, is accepted.

(ii) The undertaking given by Defendant Nos. 1, 5 and 6 that they will maintain status quo in respect of their fixed assets valued at Rs. 163.4 crores more particularly described in Exhibit-B to the affidavit dated 10th May, 2012, is accepted.

1. Shall not dispose of, sell, transfer, alienate or create any third party right or interest in respect of Cloud Computing Business of the Company.
2. Shall maintain status quo in respect of the Company's fixed assets valued at INR 163.34 crores as of 10th May 2012;
3. Shall maintain status quo in respect of the Company's investments aggregating to INR 66.01 crores;
4. Shall maintain status quo in respect of the money held in joint escrow account amounting to approximately INR 32.27 crores;