Opc Asset Solutions Pvt. Ltd. vs Mphasis Limited — Bombay HC (2026) — LawSathi Research

Opc Asset Solutions Pvt. Ltd. vs Mphasis Limited — Bombay HC (2026) — LawSathi Research

What the court decided

AI extract

Outcome

Final disposal of all four captioned Suits and all attendant Interim Applications in terms of the Consent Terms dated March 6, 2026; undertakings in the Consent Terms accepted as undertakings given to Court; refund of Court fees in accordance with rules; Decree in accordance with the Consent Terms with expedited certified copy.

Issue for consideration

Whether the four captioned Commercial Suits and all attendant Interim Applications could be finally disposed of in terms of the Consent Terms dated March 6, 2026, with the undertakings therein accepted as undertakings given to the Court.

Court's answer

A copy of the Consent Terms dated March 6, 2026 is marked “X” for identification and taken on record.

Ratio / Principle

The undertakings contained in the Consent Terms are accepted as undertakings given to Court.

Key takeaways

Item No.15 on the day's board is subsumed in Item No.911.obiter¶54
All the captioned four Suits are finally disposed of in terms of the Consent Terms dated March 6, 2026, and all attendant Interim Applications also stand disposed of.ratio¶61
Refund of Court fees in accordance with rules; Decree in accordance with the Consent Terms, of which the certified copy is expedited.ratio

Detailed headnote1 paragraphs

Bombay High Court (Ordinary Original Civil Jurisdiction), Somasekhar Sundaresan J., order dated March 6, 2026: the four captioned cross-suits between Mphasis Limited and OPC Asset Solutions Pvt Ltd — Commercial Suit No. 96 of 2022 and Commercial Suit No. 225 of 2022 (Mphasis Limited as Plaintiff), Commercial Suit (L) No. 25712 of 2023, and Commercial Suit No. 18 of 2024 (OPC Asset Solutions Pvt Ltd as Plaintiff) — together with all attendant Interim Applications (Nos. 1964 of 2022, 3784 of 2022, 3938 of 2022, 25748 of 2023, 867 of 2024 and 6112 of 2025) and Leave Petition No. 252 of 2021, were reported by both sides as fully and finally settled in terms of Consent Terms dated March 6, 2026, with all payment obligations completed. The Consent Terms were marked “X”, taken on record, and — as submitted by learned counsel — contained nothing contrary to law; the Court accepted the undertakings therein as undertakings given to Court and finally disposed of all four Suits in terms of the Consent Terms, with all attendant Interim Applications disposed of, refund of Court fees in accordance with rules, and a Decree in accordance with the Consent Terms whose certified copy was expedited. Further actions arising from the order are to be taken upon receipt of a downloaded copy from the Court's website.

911 & 15-COMS-96-2022 & 18-2024+.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION

COMMERCIAL SUIT NO. 96 OF 2022

WITH

INTERIM APPLICATION NO. 1964 OF 2022

IN

COMMERCIAL SUIT NO. 96 OF 2022

Mphasis Limited

…Plaintiff

Versus

OPC Asset Solutions Pvt Ltd

…Defendant

WITH

INTERIM APPLICATION NO. 3784 OF 2022

WITH

LEAVE PETITION NO. 252 OF 2021

IN

COMMERCIAL SUIT NO. 96 OF 2022

WITH

COMMERCIAL SUIT NO. 225 OF 2022

WITH

INTERIM APPLICATION NO.3938 OF 2022

IN

COMMERCIAL SUIT NO. 225 OF 2022

WITH

INTERIM APPLICATION NO.3784 OF 2022

IN

COMMERCIAL SUIT NO. 96 OF 2022

WITH

COMMERCIAL SUIT (L) NO. 25712 OF 2023

WITH

INTERIM APPLICATION (L) NO.25748 OF 2023

ASHWINI JANARDAN VALLAKATI Digitally signed by ASHWINI JANARDAN VALLAKATI Date: 2026.03.10 11:56:54 +0530

IN

COMMERCIAL SUIT (L) NO. 25712 OF 2023

WITH

INTERIM APPLICATION NO. 867 OF 2024

Page 1 of 3

March 6, 2026

Ashwini Vallakati

911 & 15-COMS-96-2022 & 18-2024+.doc

IN

COMMERCIAL SUIT NO. 18 OF 2024

AND

COMMERCIAL SUIT NO. 18 OF 2024 WITH INTERIM APPLICATION NO. 867 OF 2024 WITH INTERIM APPLICATION NO. 6112 OF 2025 IN

COMMERCIAL SUIT NO. 18 OF 2024

OPC Asset Solutions Pvt Ltd …Plaintiff

Versus

Mphasis Limited …Defendant

Mr. Vishal Kanade, a/w Shahezad Kazi, Mihir Dalawai, Ridhima Chandani, Mridhula Mukund, for the Plaintiff in COMS/18/24 & for Defendant in COMSL/25712/23, COMS/225/22 & COMS/96/22.

Mr. Jeyhaan Carnac, a/w Siddharth Thacker, i/b Mulla & Craigie Blunt & Caroe for Defendant in COMS/18/24 & for Plaintiff in COMS/96/22, COMS/225/22 & COMSL/25712/23.

CORAM : SOMASEKHAR SUNDARESAN, J. DATE : March 6, 2026

ORDER :

Item No.15 on today’s board is subsumed in item No.911.

Learned Advocates for the parties jointly submit that all the captioned four Suits stand fully and finally settled in terms of Consent Terms dated March 6, 2026. The parties also submit that all the

Page 2 of 3 March 6, 2026

Ashwini Vallakati

911 & 15-COMS-96-2022 & 18-2024+.doc

payment obligations required to be undertaken in terms of the settlement arrived at have been completed. A copy of the Consent Terms is marked “X” for identification, and taken on record.

Learned Counsel for the parties submit that there is nothing in the Consent Terms that is contrary to law. Consequently, undertakings contained in the Consent Terms are accepted as undertakings given to Court.

In these circumstances, all the captioned four Suits are finally disposed of in terms of the Consent Terms dated March 6, 2026. All attendant Interim Applications also stand disposed of. Refund of Court fees in accordance with rules. Decree in accordance with the Consent Terms , of which the certified copy is expedited.

All actions required to be taken pursuant to this order shall be taken upon receipt of a downloaded copy as available on this Court’s website.

[ SOMASEKHAR SUNDARESAN, J.]

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March 6, 2026

Ashwini Vallakati