Disposed of Company Petition No. 825 of 2014 and Application No. 260 of 2015 based on consent terms received from parties.
Dismissal of the company petition and application in terms of consent terms.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY PETITION NO. 825 OF 2014 AND COMPANY APPLICATION NO. 260 OF 2015
Tata Capital Financial Services Ltd. …Petitioner vs. SKS Ispat and Power Ltd. ....Respondent
Ms.Nelly Mehta i/b. MDP & Partners for Petitioner. Mr.Sridhar Chari i/b. DSK Legal for Respondent. Mr.Dhawal Vora, Associate Vice President of Petitioner. Mr.Anil Gupta, Director of Respondent.
CORAM : S.C. GUPTE, J.
9 OCTOBER 2015
P.C. :
Learned Counsel for the Respondent tenders vakalatnama of the Respondent's Advocate. The same is taken on record.
2 Learned Counsel for the parties tender Consent Terms duly signed by the parties, through their authorised signatories, and also their respective Advocates. Learned Counsel seek disposal of the company petition along with Company Application No.260/2015 in terms of the Consent Terms. The Consent Terms are taken on record, marked “X” for identification. The statements and undertakings contained therein are accepted.
3 The company petition and application are disposed of in terms of the Consent Terms. No order as to costs.
4 Learned Counsel for the Petitioner confirms having received a demand draft of Rs.2 crores from the Respondent in accordance with clause i(a) of para 3 of the Consent terms.
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5 This order is passed in the presence of Mr.DhawaL Vora, Associate Vice President of the Petitioner and also Mr.Anil Gupta, Director of the Respondent.
(S.C. Gupte, J.)
Tata Capital Financial Services Ltd.
SKS Ispat and Power Ltd.
S.C. Gupte
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
