Tata Capital Financial Services Limited v. Sks Ispat And Power Limited (Cin U27100mh2000plc125893)

sat 1/2 cp 825-2014.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO. 825 OF 2014 AND COMPANY APPLICATION NO. 260 OF 2015 Tata Capital Financial Services Ltd.

...Petitioner

vs.

SKS Ispat and Power Ltd.

....Respondent Ms.Nelly Mehta i/b. MDP & Partners for Petitioner. Mr.Sridhar Chari i/b. DSK Legal for Respondent. Mr.Dhawal Vora, Associate Vice President of Petitioner. Mr.Anil Gupta, Director of Respondent.

CORAM : S.C. GUPTE, J.

9 OCTOBER 2015 P.C. :

Learned Counsel for the Respondent tenders vakalatnama of the Respondent's Advocate. The same is taken on record. Learned Counsel for the parties tender Consent Terms duly signed by the parties, through their authorised signatories, and also their respective Advocates. Learned Counsel seek disposal of the company petition along with Company Application No.260/2015 in terms of the Consent Terms. The Consent Terms are taken on record, marked "X" for identification. The statements and undertakings contained therein are accepted.

The company petition and application are disposed of in terms of the Consent Terms. No order as to costs.

Learned Counsel for the Petitioner confirms having received a demand draft of Rs.2 crores from the Respondent in accordance with clause i(a) of para 3 of the Consent terms.

sat 2/2 cp 825-2014.doc This order is passed in the presence of Mr.DhawaL Vora, Associate Vice President of the Petitioner and also Mr.Anil Gupta, Director of the Respondent.

(S.C. Gupte, J.)