IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION CONTEMPT PETITION NO.4 OF 2001 IN COMPANY PETITION NO.999 OF 1999 Mukand Global Finance Ltd. ..Petitioner Vs. Kirit Shandilya & Anr. ..Respondents AND CONTEMPT PETITION NO.3 OF 2002 IN COMPANY PETITION NO.999 OF 1999 Mukand Global Finance Ltd. ..Petitioner Vs. Yamuna Glass Works Ltd. & Ors. ..Respondents Mr. Pritesh Rajger i/b PDS & Asso for the Petitioner Mr. Niranjan Pandit with Ms. Nidhi Singh i/b M/s. Joy Legal Consultant for the Respondents No.1 & 2 Ms. N. S. Nappinai for Respondent No.8 CORAM: DR. D.Y. CHANDRACHUD, J. DATE: 25th November , 2009 P.C. : In Contempt Petition No.4 of 2001, a notice to show cause was issued by this Court on 10th January 2002, for a breach of an undertaking contained in the Consent Terms filed in Court on 27th October 1999, as modified on 28th July 2000. Consent Terms have now been arrived at between the Petitioners and Respondents No.1 and 2 and by M/s. Seva Medicals Ltd. as a Confirming Party thereto. The Consent Terms, signed by the parties and by their Advocates, are taken on record and marked as “X”. Since the dispute primarily related to non compliance of an undertaking to make a monetary payment and since the parties have now arrived at a settlement by which payments have been made, it would not be expedient in the interests of justice to proceed further in the exercise of the Contempt jurisdiction. The Consent Terms are taken on record. In terms of the request made before the Court by Counsel for the Petitioners, and for the reasons noted earlier, the notice to show cause shall stand discharged and the Contempt proceedings shall stand disposed of. The undertaking contained in the Consent Terms is accepted. (Dr. D.Y.Chandrachud, J)