Mvm Buildtech v. Rizvi Estate And Hotels Pvt Ltd Cin U70100mh1978ptc020714

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905. CP 422-15.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.422 OF 2015 MVM BUILDTECH ...

Petitioner

Versus

Rizvi Estate & Hotels Pvt. Ltd.

...

Respondent .....

None for the Petitioner.

Mr. Mahesh Mishra i/b Ravi Thankaian for the Respondent. .....

CORAM : S.C.GUPTE, J.

DATE : 24 NOVEMBER 2016.

P.C. :

.

None for the Petitioner.

Learned Counsel for the Respondent tenders Consent Terms signed by the Petitioner and the Respondent through their authorised representatives and the Advocate of the Respondent. These consent terms record that in pursuance of a mutual settlement of the Petitioner's dues, after passing of the order dated 10 October 2016, the Respondent has paid a sum of Rs.14,00,000/- in full and final settlement of the Petitioner's claim. The payment is evidenced by a note of transaction details obtained from the Net Banking Site of Vijaya Bank. There is also a receipt signed by the Petitioner through its partner acknowledging receipt of this amount of Rs.14,00,000/- in full and final settlement.

On these facts, it appears that the Petitioner's dues have been fully

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905. CP 422-15.doc discharged by the Respondent. There is no one to contest this position on behalf of the Petitioner. No one had appeared on behalf of the Petitioner in the morning session and the matter was kept back in the afternoon session. In the premises, the Company Petition is dismissed. (S.C.GUPTE, J.)