Law And Building Solution Pvt Ltd. v. Vilas Enterprises ANR.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
CIVIL APPELLATE JURISDICTION ARBITRATION APPEAL (ST) NO. 29789 OF 2025 Law and Building Solution Pvt Ltd.
...Appellant
Versus
Vilas Enterprises and Anr.
...Respondents
WITH INTERIM APPLICATION NO. 13630 OF 2025 Digitally signed by SHRADDHA KAMLESH TALEKAR Date:
2025.12.24 14:17:50 +0530 SHRADDHA KAMLESH TALEKAR L and W Building Solution Pvt Ltd.
...Applicant
Versus
Vilas Enterprises and Anr.
...Respondents
WITH INTERIM APPLICATION NO. 13628 OF 2025 Vilas Enterprises thr. Its Proprietor/ Owner Mr. Swapnil Shah ...Applicant
Versus
L and W Building Solution Pvt Ltd.
...Respondents
WITH INTERIM APPLICATION NO. 13631 OF 2025 Law and Building Solution Pvt Ltd.
...Applicant
Versus
Vilas Enterprises and Anr.
...Respondents
Ms. Prashita Mamodia i/b R.V. Sankpal & Associates, for Appellant.
Mr. Swapnil Sangle i/b Prajit Sahane, for Respondents.
CORAM
: SOMASEKHAR SUNDARESAN, J.
Date : December 23, 2025
ORDER :
1.
The Learned Advocates for the parties jointly submit that all disputes and differences between them stand settled by way of Consent Terms dated December 10, 2025. The parties have decided to resolve all their disputes by the Appellant paying over Rs. 1.6 crores to the Respondents in full and final settlement of all pending disputes, including the disposal of the challenge to the Arbitral Award passed by the learned MSME Facilitation Council.
2.
In addition, the Appellant shall also pay a sum of Rs. 19,74,842/- towards Goods and Services Tax liability, which shall be paid within a period of 14 days from today. Once such amount is received, the Respondents would withdraw the Execution Case No. 568 of 2023 filed before the Commercial Court in Bengaluru. 3.
Towards the discharge of the obligation to pay Rs. 1.6 crores, the Respondents shall be entitled to withdraw the entire sum of Rs. 65 lakhs deposited in this Court along with all earnings and accruals thereon computed until the date of withdrawal. 4.
It is also clarified that the payments by the Appellant are being made through its holding company, namely, L & W Constructions
Pvt. Ltd. Therefore, despite the party paying technically being a third party discharging the obligations under the Consent Terms, the dispute shall stand settled.
5.
In the aforesaid terms, taking on record the full and final settlement arrived at between the parties, the proceedings are finally disposed of in terms of the Consent Terms handed in, a copy of which is marked X and taken on record.
6.
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.]