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Bombay High CourtCP/708/2014disposed off

H.K. Packaging v. Fun Cream Foods India Ltd Cin -U15200mh1999plc11942

2015-01-20Hon'Ble Shri Justice S.J. Kathawalla2 pages

Nitin 942-CP-708-2014

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO. 708 OF 2014 H.K. Packaging ...

Petitioner

Versus

Fun Cream Foods India Limited ...

Respondent ALONG WITH COMPANY APPLICATION NO. 504 OF 2014 Kailesh Sheth, Proprietor of H.K. Packaging ...

Applicant

IN THE MATTER BETWEEN :

H.K. Packaging ...

Petitioner

Versus

Fun Cream Foods India Limited ...

Respondent Ms. Siddhi Doshi i/b. Vinod Juwale for the Petitioner. Mr. Saket Mone a/w. Vishesh K. i/b. Vidhi Partners for the Respondent. CORAM : S.J. KATHAWALLA, J.

DATED : 20 TH JANUARY, 2015 P.C.

1.

Heard the learned Advocates appearing for the parties. The Respondent Company has paid an amount of Rs. 14,81,383/- to the Petitioner in full and final settlement of the claim of the Petitioner against the Respondent Company in the above Petition. The learned Advocate for the Petitioner therefore seeks to withdraw the above Company Petition as well as the Company Application.

2.

The Advocate for the Petitioner on instructions from the

Nitin 942-CP-708-2014 Proprietor of the Petitioner who is present in Court states that an amount of Rs. 75,000/- received in cash from the Respondent has been credited to the account of the Respondent maintained by Magnum Packaging. The statement is accepted.

3.

In the event of the Petitioner initiating any proceeding/s against Magnum Packaging, the same shall be decided on its own merits. The above Company Petition as well as Company Application are therefore disposed of as withdrawn.

(S.J. KATHAWALLA, J.)