Asian Paints Ltd v. Hans Raj Jain

902-comip-105-2025.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION INTERIM APPLICATION NO.2910 OF 2025 WITH LEAVE PETITION (L) NO.7008 OF 2023 WITH COURT RECEIVERS REPORT NO.162 OF 2023 IN COMMERCIAL IP SUIT NO.105 OF 2025 Asian Paints Limited ...Plaintiff

Versus

Hansraj Jain and Another ...Defendants ------ Mr. Vinod Bhagat a/w. Mr. Siddharth Gupta i/b. Vinod Bhagat, for the Plaintiff.

Mr.Nikhil Rungta a/w. Ms. Trisha Rathi, for the Defendants. Mr. Yash Patade, Legal Executive and CA of the Plaintiff. Mr. Hansraj Jain, the Defendant present through VC Mr. Deepak Bhalerao, 2nd Asstt. to C.R. and Mr. Gajanan Surve, Master (Admn.) present.

------ CORAM : SHARMILA U. DESHMUKH, J.

VISHAL SUBHASH PAREKAR VISHAL SUBHASH PAREKAR Date: 2025.11.19 19:23:10 +0530 DATE : NOVEMBER 19, 2025 P. C. :

1.

This Court is informed that the dispute has been settled between the parties. The consent terms are tendered which are taken on record and marked "X" for identification.

2.

The consent terms are signed by the constituted attorney of the Plaintiff and by the Defendants as well as counter signed by their Vishal Parekar 1 of

902-comip-105-2025.doc respective counsel. The Defendants are present through video conferencing and reiterated the terms of the consent terms. They submit to decree on admission in terms of prayer clause (a), (b) and (c). They would submit that the additional marks which were found during the execution of the ad-interim order by Court Commissioner would be destroyed as set out in paragraphs 5 and 6 of the consent terms. 3.

The statement made in the consent terms is accepted as Undertaking given to this Court.

4.

The Suit is decreed on admission in terms of prayer clause (a), (b) and (c).

5.

Decree to be drawn up accordingly.

6.

Refund of Court fees as per rules.

7.

The Court Receiver's Report is disposed of.

8.

The Court Receiver is discharged without passing of accounts. 9.

All costs, charges and expenses of the Court Receiver to be paid within a period of eight days of the demand being raised by the Court Receiver.

10.

The Interim Application do not survive and stands disposed of. Leave Petition No. 7008 of 2023 :- 10.

As the matter has been settled between the parties, the Leave Petition is allowed.

[SHARMILA U. DESHMUKH, J.] Vishal Parekar 2 of