Manipal Sowbhagya Nidhi Ltd. v. Arvind Agarwal And ORS.

kvm 1/1 9-NMIS40.16

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION NOTICE OF MOTION NO. 40 OF 2016 IN INSOLVENCY NOTICE NO. 15 OF 2016 Ramesh Agarwal ..... Applicant (Judgment Debtor no.7)

IN THE MATTER BETWEEN

Arvind Agarwal & Ors.

...... Judgment Debtors Ex-parte Manipal Sowbhagya Nidhi Ltd.

..... Judgment Creditor Mr.Ramesh Jain for the Judgment Creditor.

Mr.N.S.Fadia, i/b. Mr.Shashank N.Fadia for the Judgment Debtor no.7. Mr.Ramesh Agarwal, Judgment Debtor No.7 present. CORAM : R.D. DHANUKA, J.

DATE : 17th JANUARY, 2017 P.C.

Learned counsel for the judgment creditor and the judgment debtor no.7 states that they are authorized to sign these consent terms on behalf of their respective clients. Statements are accepted. Learned counsel tenders consent terms dated 17th January,2017 duly signed by the learned counsel. Judgment debtor no.7 Mr.Ramesh Agarwal who is present in court states that he has understood the contents of the consent terms dated 17th January,2017 and states that he has authorized Mr.Shashank N.Fadia to sign the consent terms on his behalf. Statement is accepted. Consent terms are taken on record and marked 'X' for identification. Undertakings recorded in the consent terms are accepted. Notice of Motion No.40 of 2016 is disposed of in terms of the consent terms. No order as to costs.

(R.D.DHANUKA, J.)