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Bombay High CourtAPP/460/2013disposed off

Kiri Industries Ltd. And 2 ORS v. Idbi Trusteeship Services Ltd.

2015-03-25Hon'Ble The Chief Justice,Hon'Ble Shri Justice G. S. Kulkarni2 pages

1 of 2 APP.460.2013

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION APPEAL NO.460 OF 2013 IN ARBITRATION PETITION NO.1334 OF 2012 Kiri Industries Limited and others Appellants versus IDBI Trusteeship Service Limited & others Respondents Mr.Sumip Sen with Mr.Akshay Vani i/by MLS Vani for Appellants. Mr.Akshay Vani i/by MLS Vani for Appellant.

Ms.Aparna Wagle i/by MDP & Partners for Respondents 1 and 2. Ms.Sutapa Saha for Respondent no.3.

Mr.Arun Khanna, representative of Respondent no.2 present. Ms.Jyoti Agarwal, representative of Respondent no.1 present. Mr.Manish P. Kiri, MD of Appellant No.1 present. Mr.Ajay V. Shah, Partner of Respondent no.3 present. CORAM : MOHIT S. SHAH, C.J. AND G.S.KULKARNI, J.

DATE : 25 March 2015 PC :

Not on board. Upon mentioning at 11.00 a.m., taken on board.

2.

Learned counsel for the appellant prays for leave to add TATA Capital Financial Services Limited and Ruchita Chemicals LLP (RCL) as respondent nos.2 and 3 respectively in this appeal. Leave as prayed for is granted. Amendment to be carried out forthwith.

2 of 2 APP.460.2013 3.

Learned counsel appearing for respondent no.1 states that she also appears for respondent no.2. Ms.Sutapa Saha appears for respondent no.3.

4.

Learned counsel for the appellant as well as learned counsel for respondent nos.1 and 2 and learned counsel for respondent no.3 tender consent terms dated 25 March 2015 signed by the authorized representatives of the parties and also the learned advocates for the respective parties. Learned counsel further pray that this appeal be disposed of in terms of the consent terms.

5.

The consent terms dated 25 March 2015 are taken on record and marked "X" for identification. The undertaking given by the appellant in paragraph 5 of the consent terms is accepted. 6.

The appeal is disposed of in terms of the consent terms with no order as to costs.

(CHIEF JUSTICE) (G.S.KULKARNI, J.) MST