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Bombay High CourtAPP/81/2019consent term

Futura Polyesters Ltd v. Daewoo International Corporation Ltd And ANR

2019-04-02Hon'Ble Shri Justice Indrajit Mahanty,Hon'Ble Shri Justice A.M. Badar2 pages

902 - APP. 81-19 VPH

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION APPEAL No. 81 OF 2019 IN COMPANY PETITION No. 399 OF 2013 WITH NOTICE OF MOTION No. 211 OF 2019 WITH CHAMBER SUMMONS (L) No. 1628 OF 2018 Futura Polysters Ltd.

...

Appellant Vs.

Daewoo International Corporation Ltd. & Anr.... Respondents *** Mr. Dinesh Purandare a/w Ms. Anaisha Zachariab i/b Crowford Bayley & Co., for the Appellant.

Mr. Darshan Mehta i/b M/s. Dhruve Liladhar & Co., for Respondents.

*** CORAM : INDRAJIT MAHANTY, & A. M. BADAR, JJ.

DATE : APRIL 2, 2019 PC :

1.

The learned counsel appearing for the parties have tendered consent terms dated 1st April, 2019 in the Court. The consent terms are signed by the representatives of the respective parties and their counsel. The same are taken on record and marked "X" for identification. The statements and undertakings 1 / 2

902 - APP. 81-19 given in the consent terms are accepted. In view of the consent terms, the order dated 22nd June, 2018 is set aside to enable the Banks to issue NOC for the sale of the land of the Appellant at Chennai. The appeal is disposed of in terms of the consent terms. 2.

In view of disposal of the appeal, pending chamber summons and the notice of motion, filed in the appeal, do not survive and is accordingly disposed of.

Sd/- Sd/- [A. M. BADAR, J.] [INDRAJIT MAHANTY, J.] Vinayak Halemath 2 / 2