High Court at Bombay disposed of Company Petition No. 15 of 2009 on consent terms. Disposal is conditional; default in payment will revive the petition.
Company petition disposed of on consent terms, subject to conditional revival for payment default.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
jmi
COMPANY PETITION NO.15 OF 2009.
M/s. S.S. Enterprises. ..Petitioners.
vs.
M/s. Bravo Healthcare Ltd. ..Respondents.
Mr. Ashok Kumar Singh, for Petitioners. Mr. H. Rahman, i/b. D.H. Law Asso., for Respondents.
CORAM : S.J.KATHAWALLA, J. DATE : 3RD AUGUST 2009.
P.C.
Parties have tendered consent terms dated 3rd August
2009 signed by the petitioners and the power of attorney holder of the
respondent-company. The consent terms are also signed by the
Advocates for the petitioners as well as the company. The consent
terms are taken on record and marked ‘X’ for identification. A copy
of power of attorney is taken on record and marked ‘X-1’ for
identification.
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terms. It is clarified that the disposal of the company petition is
conditional and in the event of the petitioner committing any default
in payment of the installments mentioned in the consent terms, the company petition shall revive and stand ipso-facto admitted and upon
an application made by the petitioner shall appear on Board for
further directions.
[ S.J.KATHAWALLA, J. ]
M/s. S.S. Enterprises
M/s. Bravo Healthcare Ltd.
S.J. Kathawalla
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
