Laffans Petrochemicals Limited v. Ksm Securities And Finance Private Ltd.

comsl 48 of 2018 (905).sxw

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION SUIT (L) NO.48 OF 2018 WITH NOTICE OF MOTION (L) NO.95 OF 2018 AND CHAMBER SUMMONS NO.157 OF 2018 Laffans Petrochemicals Ltd.

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Plaintiff versus KSM Securities and Finance Pvt. Ltd.

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Defendant Mr. Urvaksh Anklesaria i/by Ms. Apoorv V. Singh, Mr. Ashish R. Raghuvanshi, for Plaintiff.

Ms. Deepti Panda i/by M/s. Narayan and Narayan, for Defendant. CORAM: S.J. KATHAWALLA, J.

DATE: 7 th MAY, 2018 ( In Chambers ) P.C.:

1.

The learned Advocates for the parties have tendered Consent Terms dated th May, 2018. They submit that the Consent Terms be taken on record and the above Suit be disposed in terms of the Consent Terms. The Consent Terms are taken on record and marked 'X' for identification. The Consent Terms are signed by Mr. Sandeep Seth, Director of the Plaintiff and Mr. Kalpesh Mehta, Mr. Ketan Mehta, Directors of the Defendant. The signatories to the Consent Terms are present in Court. The Advocates for the parties have also signed the Consent Terms. The undertakings recorded in the Consent Terms are accepted. The Suit is disposed of in ssp 1/2

comsl 48 of 2018 (905).sxw terms of the Consent Terms, marked 'X'

. Refund of Court Fees, if any, as per rules. Notice of Motion (L) No.95 of 2018 and Chamber Summons no.157 of 2018 also stands disposed of.

2.

PNB Housing Finance Ltd., is directed to extend all co-operation to the parties for the purpose of discharge of the entire loan and provide no dues certificate and title deeds to the Defendant.

( S.J.KATHAWALLA, J. ) ssp 2/2