State Bank Of India v. Trade Wings Limited

503.FA1639_2016.doc Vidya Amin

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION FIRST APPEAL No. 1639 OF 2016 State Bank of India ... Appellant Vs.

Trade Wings Ltd.

... Respondent Mr. Suyash Gadre i/b. M/s. Utangale & Co., Advocate for the appellant.

Mr. Patrick Fernandes, Advocate for the respondent. CORAM: MRS.MRIDULA BHATKAR, J.

DATE: 10th October, 2017.

P.C.:

Upon mentioning, taken on production board.

2.

The learned counsel for the appellant and respondent are present. The learned counsel submit that the parties have settled the dispute out of Court. The consent terms is filed. 3.

The consent terms filed by the parties is taken on record and marked as Exhibit 1. The consent terms is signed by the authorized representatives of the appellant and respondent and their respective counsel. The authorized representatives of both the parties are present in the Court. The undertaking therein, if any, is accepted. The authorized representative of State Bank of India has handed 1 / 2

503.FA1639_2016.doc over Demand Draft of Rs.15 lakhs to the authorized representative of Trade Wings Ltd. Hence, First Appeal is disposed of. Decree is to be drawn in terms of the consent terms.

4.

Parties to act upon the authenticated copy of the order. (MRIDULA BHATKAR, J.) 2 / 2