Respondent undertook to pay petitioner Rs. 10.5 lakhs in installments with revival consequences on default. Undertaking accepted and petition disposed of.
Undertaking to pay Rs. 10.5 lakhs in installments was accepted and petition disposed of.
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920-CP-561-2014
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Nitin
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY PETITION NO. 561 OF 2014
Shyam Patkar … Petitioner Versus Bombay Rayon Fashions Limited … Respondent
Mr. Suhas S. Patil for the Petitioner. Mr. Prabhu Velar for the Respondent.
CORAM : S.J. KATHAWALLA, J. DATED : 16TH JANUARY, 2015
P.C.
the Respondent in the above Petition, as follows :
Rs. 2,65,000/On or before 23rd January, 2015 Rs. 2,65,000/On or before 30th January, 2015 Rs. 2,60,000/On or before 6th February, 2015 Rs. 2,60,000/On or before 13th February, 2015.
The undertaking is accepted.
ii. The Respondent Company has agreed that in the event of the Respondent Company committing default in payment of any of the agreed instalments, the Company Petition shall without reference to this Court
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revive and the Petitioner shall proceed to comply with the directions given in the order dated 9th January, 2015.
iii. The Company Petition is accordingly disposed of.
(S.J. KATHAWALLA, J.)
Nitin
Shyam Patkar
Bombay Rayon Fashions Limited
S.J. Kathawalla
As recorded by the court registry
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