L And T Finance Ltd. v. Shyam Minerals

902-CHS289-16.DOC Arun

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION CHAMBER SUMMONS NO. 289 OF 2016 IN EXECUTION APPLICATION NO. 923 OF 2016 IN ARBITRATION NO. 788 OF 2014 L&T Finance Ltd ...Applicant

Versus

Shyam Minerals

...Respondent

Ms SI Joshi, with Ms Nikita Pawar, i/b SI Joshi & Co, for the Applicant.

Ms Anita Agarwal, for Defendant No.1.

CORAM: G.S. PATEL, J DATED:

3rd April 2018 PC:- 1.

The parties have arrived at Consent Terms. These involve a schedule of agreed payments ending on 31st March 2019. For the present there will be an order in terms of the Consent Terms which are taken on record and marked 'X' for identification with today's date. The undertakings in the Consent Terms are accepted as undertakings to the Court.

3rd April 2018

902-CHS289-16.DOC 2.

A soft copy of the Consent Terms will be uploaded as second order in the matter.

3.

It is clarified that both the Chamber Summons and the Execution Application will remain pending till the final payment is made. The Chamber Summons and the Execution Application are therefore adjourned till the first week of April 2019 with liberty to the parties to apply.

(G. S. PATEL, J) 3rd April 2018