Asian Paints Ltd v. Satish Kumar Jain

82-IA-3348-2025.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMMERCIAL IP SUIT NO. 63 OF 2024 WITH INTERIM APPLICATION NO. 3348 OF 2025 WITH COURT RECEIVER'S REPORT NO. 117 OF 2024 IN COMMERCIAL IP SUIT NO. 63 OF 2024 Asian Paints Ltd ...Plaintiff

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Satish Kumar Jain ...Defendant ------ Mr. Siddhant Gupta i/b Mr. Vinod Bhagat, for the Plaintiff. Mr. Hrishikesh Naik (through VC), C.A. of Plaintiff present. Mr. Raj Dani, for the Defendant.

Mr. Satish Kumar Jain(through VC), Defendant present. ------ CORAM : SHARMILA U. DESHMUKH, J.

DATE : March 16, 2026 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. The Consent Terms are signed by the constituted attorney of the Plaintiff and by the Defendant. The Defendant is present virtually and reiterates the terms of the Consent Terms. He submits to a decree on admission in terms of prayer clauses Arya

82-IA-3348-2025.doc (a), (b), (c) and (d) of the plaint.

2.

The suit is decreed in terms of prayer clauses (a), (b), (c) and (d) of the plaint.

3.

Refund of Court fees as per Rules.

4.

Court Receiver's Report is disposed of. Court Receiver is discharged without passing of accounts. All costs, charges and expenses of the Court Receiver to be paid by the Plaintiff within a period of 8 days of the demand being raised by the Court Receiver. 5.

Interim Application does not survive for consideration and stands disposed of.

[SHARMILA U. DESHMUKH, J.] Arya