Amrutha Krishnan And 13 ORS. v. Shree Ambe Gopal And Associates

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION CONTEMPT PETITION IN COMM. DIVISION MATTERS NO. 29 OF 2024 IN COMMERCIAL ARBITRATION PETITION NO. 614 OF 2021 Amrutha Krishnan & Ors

...Petitioners

Versus

Shree Ambe Gopal & Associates

...Respondent

WITH INTERIM APPLICATION NO. 3596 OF 2024 IN CONTEMPT PETITION IN COMM. DIVISION MATTERS NO. 29 OF 2024 IN COMMERCIAL ARBITRATION PETITION NO. 614 OF 2021 Mr. Sanjiv Sawant, a/w Abhishek Matkar & Malhar Bageshwar for the Petitioners.

Ms. Darshana Gangar, for Intervenor/Applicant. Amrutha Krishnan - Petitioner No.1 through POA T.V. Krishnan, present.

Aruna Adodara - Petitioner No.5 through POA Shrikant Adodara, present.

Nilesh Soni- Petitioner No.4 present.

Sudha Parekh- Petitioner No.2, Rajesh Jariwalla- Petitioner No.3, Loknath Rao- Petitioner No.6, P.S. Sundaram- Petitioner No.7, Visalakshi peruvamba- Petitioner No.8 all through POA Sheyas Parekh, present.

Digitally signed by ASHWINI JANARDAN VALLAKATI Date:

2025.02.07 17:53:40 +0530 Hansakumai Shah- Petitioner No.9 through POA Tushar Gandhi, ASHWINI JANARDAN VALLAKATI

present.

Sunil Mandalia- Petitioner No.10, Avani Kanakia- Petitioner No.11, Gina Kanakia- Petitioner No.12 & Kaushik KanakiaPetitioner No.14, present. Ms. Usha R. Gadagkar, for Respondent.

CORAM

: SOMASEKHAR SUNDARESAN, J.

DATE : FEBRUARY 6, 2025 PC :

1.

Learned Counsel for the parties jointly submit that all disputes and differences among them covered by this Contempt Petition No.29 of 2024 in Commercial Arbitration Petition No.614 of 2021 have been fully and finally settled by way of Consent Terms executed on January 3, 2025.

2.

A copy of the aforesaid Consent Terms executed among the parties has been tendered and is marked 'X' for identification and taken on record. Learned Counsel for the parties submit that the Consent Terms do not contain any provision that is contrary to the law. The signatories on behalf of the parties are present in Court, and confirm that they are satisfied with the sufficiency of consideration given to one another as recorded in the Consent Terms. In these circumstances, undertakings given by the parties to one another shall be treated as

undertakings given to the Court.

3.

Interim Application No.3596 of 2024 had been filed to bring to on record Respondent No.6, who is a new developer who has taken over the redevelopment project in question. This Interim Application is hereby allowed. It is noted that the Respondent No.6 is also a party to the Consent Terms.

4.

This Petition is finally disposed of in terms of the Consent Terms tendered today. Needless to say all connected Interim Applications will also stand finally disposed of. 5.

All actions required to be taken pursuant to this order shall be taken upon receipt of a downloaded copy as available on this Court's website.

[ SOMASEKHAR SUNDARESAN, J.]