Dismissed
M/S. Nik- San Engineering Co. Ltd. v. M/S. Pravarsh Impex
Bombay HCFA/852/2018
Case brief
AI extract
What is this about?
The court accepted a consent agreement between the parties wherein the respondent agreed to pay six monthly interest installments. The settlement was structured with personal undertakings from the respondent company's director, allowing execution against individuals in case of default. Related appeals and applications were dismissed as withdrawn.
What did the court decide?
Consent terms accepted; order passed as per settlement; First Appeal and civil applications dismissed as withdrawn; petition to stand over for withdrawal.