Stonemann Royale Limited v. Asset Reconstruction Company (India) Ltd.

9-CAL-270-2019.DOC jsn

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION (L) NO. 270 OF 2019 IN COMPANY PETITION NO.1205 OF 2015 Stonemann Royale Ltd.

... Applicant / Ori.

Respondent In the matter between Asset Reconstruction Company (I) Ltd.

... Petitioners Vs.

Stonemann Royale Ltd.

... Respondent Shakib Dhorajiwala I/b Vidhi Partners for ARCIL - Petitioners. Mr. Makrand Bakore, for the Respondent / Applicant.

CORAM:

R. I. CHAGLA, J.

DATE:

11TH SEPTEMBER, 2019 PC:- 1.

The learned Counsel for the Applicant seeks permission to withdraw the Company Application on the ground that the Consent Minutes of Order has been complied with by making payment of sum of Rs.9.25 Crores along with interest in full and final settlement of the claim of ARCIL. The learned Counsel appearing for the ARCIL tenders a no due certificate dated 20th August, 2019. This is taken on record and marked "X" for identification. 2.

Accordingly, the Applicant is permitted to withdraw the Company Application.

1/2

9-CAL-270-2019.DOC 3.

The Company Application is accordingly disposed of as withdrawn.

( R I. CHAGLA, J. ) 2/2