Standard Chartered Bank (Mauritius) And Another v. Gtl Ltd. Cin No. L40300mh1987plc045657

1/2 CP950.15-37

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.950 OF 2015 Standard Chartered Bank (Mauritius) Ltd. & Anr. )....Petitioners V/s.

GTL Limited )....Respondent ---- Mr.Udit Mendiratta i/by Trilegal for petitioners. [Mr.Amit Kumar Kedai, Senior Account Manager of petitioner no.1 and Ms.Meera Iyarr, Manager Legal and Compliance of petitioner no.2 are present] Ms.Rati Lodha a/w Mr.Ayush Khandelwala i/by Lodha Legal for Respondent company.

[Mr.Nitin Mandavkar-authorized signatory of respondent company present].

Mr.Prakash Shinde i/by MDP and Partners for Intervener (IDBI Bank Ltd).

Mr.Shrikant Doijode a/w Ms.Rashne Mulla-Feroze and Mr.Saurish Shetye i/by Doijode Associates for Applicant in CA 828/2015. ---- CORAM : K.R.SHRIRAM,J DATE : 19.3.2018 P.C.:- The counsel for petitioner and counsel for respondent state that parties have entered into Consent Terms dated 19.3.2018 signed by the Senior Accounts Manager of petitioner no.1 as authorized signatory, authorized signatory of petitioner no.2, authorized signatory of respondent and their respective Advocates. The same is taken on record and marked `X' for identification. KJ

2/2 CP950.15-37 Mr.Mendiratta appearing for petitioner and Ms.Lodha appearing for respondent state that the persons who have signed the Consent Terms on behalf of petitioner and respondent are present in Court and identify them.

Order in terms of Consent Terms. All undertakings accepted. Petition accordingly stands dismissed as withdrawn with liberty as sought in paragraph-8 of the Consent Terms. No order as to costs.

In view of the above order, Company Application No.828 of 2015 and Company Application No.872 of 2015 do not survive and accordingly disposed.

(K.R.SHRIRAM,J) KJ