Sbi Capital Markets Ltd. v. M/S. Arshiya Northern Ftwz Ltd. Cin No. U51109mh2008plc182555

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.412 OF 2015 SBI Capital Markets Limited ....Petitioner Vs.

M/s. Arshiya Northern FTWZ Limited ....Respondent ---- Mr. Chetan Mhatre i/b. Utangale and Co. for petitioner. Ms. M.A. Shinde, authorised signatory of petitioner present. Mr. Vishnu Shriram i/b. Phoenix Legal for respondent. Mr. Vinod Parekh, authorised signatory of respondent present. ---- CORAM : K.R.SHRIRAM, J.

DATE : 13th FEBRUARY, 2018 P.C.:

Parties have amicably settled the matter and entered into consent terms dated 13th February, 2018. The consent terms signed by the authorised representative of petitioner, authorised representative of respondent and their respective advocates is taken on record and marked 'X' for identification. Both counsel state that the persons who have signed the consent terms on behalf of petitioner and respondent are present in Court and identify them.

2/6 The consent terms are reproduced hereunder :

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5/6 The counsel for petitioner states that there is no other petition against respondent company in which any order of admission is in force.

6/6 Order in terms of the consent terms. All undertakings given in the consent terms are accepted and so ordered. Mr. Parekh, representative of respondent company undertakes to the Court on his own behalf and on behalf of respondent company and the board of directors of respondent company that if the cheques have to be deposited by petitioner, each of the cheque will be honoured on presentation. This undertaking, in addition to the undertakings given in the consent terms, is accepted and so ordered. The petition is at pre-admission stage. Therefore, petition stands disposed.

(K.R. SHRIRAM, J.)