Asian Paints Ltd v. Mikasu Metreat

1/2 7-COMIP-303-2023 (OS).DOC

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMMERCIAL IP SUIT NO. 303 OF 2023 Asian Paints Ltd ...Plaintiff

Versus

Mikasu Metreat & Anr.

...Defendants WITH INTERIM APPLICATION NO. 4878 OF 2025 WITH COURT RECEIVERS REPORT NO. 140 OF 2023 WITH LEAVE PETITION (L) NO. 7117 OF 2023 IN COMMERCIAL IP SUIT NO. 303 OF 2023 _______ Mrs. Prachi Shah a/w Mr. Siddhant Gupta i/b Vinod Bhagat for Plaintiff. Mr. Devakinandan Singh a/w Trisha Rathi i/b Nikhil Rungta for Defendants. Mr. Deepak Bhalerao, 2 nd Assistant to Court Receiver, Present.

_______

CORAM

:

ARIF S. DOCTOR, J.

th NOVEMBER 2025 DATE :

P.C.

1.

Learned counsel for the parties have today tendered consent terms by which it is submitted that all the disputes and differences between the parties in the Captioned Commercial IP Suit have been amicably resolved. The execution of the consent terms is duly supported by the report of the Associate of this Court which reads thus:

Kiran Kawre

2/2 7-COMIP-303-2023 (OS).DOC "The consent terms are duly signed by the Constituted Attorney of the Plaintiff, the partner of the Defendant No.1 and the partner of Defendant No.2 as above. The parties have admitted the contents of the consent Terms. The consent terms are duly singed by the parties out of their free will without any undue influence and coercion. The consent terms are duly executed by the signatories." 2.

Having due regard to the fact that the consent terms have been duly executed, the same are marked "X" and taken on record. 3.

At the outset, parties by consent agreed that the petition filed for Leave under Clause XIV be allowed. The same is accordingly allowed. 4.

The undertakings given in consent terms are accepted as undertakings given to the Court.

5.

The Suit is disposed of in terms of the said consent terms. 6.

The Court Receivers Report No.140 of 2023 shall stand disposed of. 7.

The Court Receiver will stand discharged without passing of accounts on the Applicant/Plaintiff's undertaking to make payment of all the necessary costs, charges and expenses of the Court Receiver.

8.

A soft copy of the Consent Terms will be uploaded as the second order in the matter. The Registry is to ensure that the hard copy of the signed Consent Terms is permanently retained on file as part of the record and is not sent for destruction in the ordinary course.

9.

All pending applications are disposed of.

10.

Refund of Court fees as per rule.

(ARIF S. DOCTOR, J.) Kiran Kawre