Ashika Credit Capital Ltd. v. Arch Pharmalabs Ltd. Cin No. U24231mh1993plc150891

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(12) CP-360-2016.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.360 OF 2016 Ashika Credit Capital Limited ....Petitioner Vs.

Arch Pharmalabs Limited ....Respondent ---- Ms. Neha Mehta for Petitioner.

Mr. Amit Sharda, Authorized Signatory of petitioner present. Ms.Tasneem Zariwala I/b Vidhii Partners for Respondent. Mr. Rajendra Kaimal, Executive Director of respondent present in Court. ---- CORAM : K.R.SHRIRAM, J.

DATE : 25th JUNE, 2018 P.C.:

Parties have entered into Consent Terms dated 25.06.2018. Consent terms signed by Authorized representative of the petitioner, Director of Respondent Company and their respective Advocates is taken on record and marked 'X' for Identification. The Advocates state that the two persons, who have signed the consent terms, are present in the Court and identify them. Order in terms of consent term. In case of default, petition shall stand revived and will be advertised.

The undertakings of the company are accepted. In case of default, the petitioner will also be able to execute this order as a decree against the company.

4.

Since the petition is at pre-admission stage, petition is disposed with liberty as sought.

(K.R. SHRIRAM, J.) svt