Jyothy Labs Limited v. Sri Balaji Soap Works

1/3 502 COMIP-453-25.odt

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

MILIND SALGAONKAR Date: 2025.08.22 18:16:49 +0530 MANDIRA MILIND SALGAONKAR ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMMERCIAL I.P. SUIT NO.453 OF 2025 WITH INTERIM APPLICATION NO.2783 OF 2025 WITH COURT RECEIVER REPORT NO.279 OF 2025 WITH LEAVE PETITION (L) NO.13858 OF 2025 IN COMMERCIAL I.P. SUIT NO.453 OF 2025 Jyothy Labs Limited ..

Plaintiff

Versus

Sri Balaji Soap Works ..

Defendant ----- Mr.Ashutosh Kane with Ms.Maitri Asher and Ms.Mitika Suvarna i/b W.S.Kane & Co. for the Plaintiff.

Mr.Rajas Panandikar for the Defendant.

Mr.Deepak S. Bhalerao, Second Assistant to the Court Receiver, present. ----- CORAM: ARIF S. DOCTOR, J.

st AUGUST, 2025 DATE : 21 P.C:- 1.

The Suit was mentioned and since, the Court was informed that the amicable settlement has been arrived at and the Consent Terms are ready, the matter is taken up on the Production Board at 3.00 p.m. Learned counsel for the parties have tendered the Consent Terms.

2/3 502 COMIP-453-25.odt The Consent Terms are signed by Mr.Shreyas Trivedi, the Company Secretary of the Plaintiff and learned counsel Mr.Kane submits that he has personally verified the authority of the Company Secretary. The Consent terms have also been signed by one Mr.Anumanthu Satyanarayana, who is the Proprietor of the Defendant. He is personally present in the Court and is identified by his Advocate. The Consent Terms are taken on record and marked 'X' for identification.

The Suit stands disposed of in terms of the Consent Terms. Learned counsel for the Defendant undertakes to file the vakalatnama within a period of one week.

In view of the disposal of the Suit, the Court Receiver's Report is disposed of. The Court Receiver stands discharged without passing of accounts. All costs, charges and expenses of the Court Receiver to be paid by the Plaintiff within a period of eight (8) days of demand being raised by the Officer of the Court Receiver.

3/3 502 COMIP-453-25.odt By consent, Leave Petition is allowed.

All the pending Interim Applications stand disposed of. (ARIF S. DOCTOR, J.)