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Bombay High CourtCP/126/2015consent term

Kanji Forex Pvt. Ltd. v. Inditold Refineries Ltd. Cin No. U52393mh2002plc138320

2015-03-18Hon'Ble Shri Justice S.J. Kathawalla2 pages

cp 126 of 2015 (910).sxw

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.126 OF 2015 Kanji Forex Pvt. Ltd.

...

Petitioner versus Indigold Refineries Ltd.

...

Respondent Mr. Chacko Joseph, for Petitioner.

Mr. I.G.Buddhadev, for Respondent.

CORAM: S.J. KATHAWALLA, J.

DATE: 18th MARCH, 2015 P.C.

1.

The learned Advocate for the parties have tendered Consent Terms dated 18th March, 2015. They submit that the Consent Terms be taken on record and the above Company Petition be disposed of in terms of the Consent Terms. The Consent Terms are taken on record and marked 'X' for identification. The Consent Terms are signed by Mr. Prakash Salian, Director of the Petitioner and Mr. Hanumantrao Kharat, Chairman and Managing Director of the Respondent. The Consent Terms are also signed by the Advocates for the parties. The undertakings recorded in the Consent Terms are accepted. The Company Petition is disposed of in terms of the Consent Terms, marked 'X'. The Petitioner undertakes to withdraw the Summary Suit filed before the City Civil Court and the three complaints filed before the 33rd ssp 1/2

cp 126 of 2015 (910).sxw Court of Metropolitan Magistrate at Ballard Pier under Section 138 of the Negotiable Instruments Act, upon receipt of the entire amount of Rs.19,00,000/- as agreed under the Consent Terms. The undertaking is accepted.

( S.J.KATHAWALLA, J. ) ssp 2/2