Appearance: vs Mr As Vakil For on 12 October, 2011

Gujarat High Court
Appearance: vs Mr As Vakil For on 12 October, 2011
Author: Kshitij R.Vyas,
     IN THE HIGH COURT OF GUJARAT AT AHMEDABAD


     COMPANY PETITION No 139 of 2000
     --------------------------------------------------------------
     BLUEBELL POLYMERS PVT. LTD.
Versus
     TEAM POLYCOAT PVT. LTD.
     --------------------------------------------------------------
     Appearance:
          MR PARESH M DAVE for Petitioner
          MR AS VAKIL for Respondent No. 1
     --------------------------------------------------------------


              CORAM : MR.JUSTICE K.R.VYAS
              Date of Order: 01/03/2001
ORAL ORDER

Learned counsel appearing for the parties have
placed on record the Consent Terms arrived at between the
parties duly signed by the Director of the
petitioner-company as well as respondent-company. The
said Consent Terms is taken on record. As agreed in the
said consent terms, the respondent-company shall pay Rs.
40,830-40ps to the petitioner by six equal monthly
installments each of Rs. 6805/. The first instalment is
already received by the petitioner by way of cheque no.
026946 dated 22.2.2001. The respondent undertakes to pay
the balance amount by way of installments as agreed in
the Consent Terms. In view of this consent terms, the
petition stands disposed of accordingly reserving a
liberty to approach this Court in case of difficulty. It
is made clear that in the event of failure to pay two
consecutive installments or the last instalment, the
present petition shall stands revive and appropriate
orders including the order of admission of the petition
will be passed.

(K. R. VYAS, J.)
mandora/

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

* Copy This Password *

* Type Or Paste Password Here *