IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY O.O.C.J. O.O.C.J. O.O.C.J. COMPANY PETITION NO.531 OF 2005. NO.531 OF 2005. NO.531 OF 2005. HARISH CHHAJJURAM BHANOTRA AND ANR. .. ...PETITIONERS. V/s. M/s.PLANNED PHARMA PVT. LTD.AND ANR. .. ..RESPONDENTS. Sanjeev Kanchan for Petitioners. Ms. Sharda Sharma, Director of respondent no.1,present. CORAM CORAM CORAM : S.C.DHARMADHIKARI,J. : S.C.DHARMADHIKARI,J. : S.C.DHARMADHIKARI,J. DATE DATE DATE : 30th June, 2006. : 30th June, 2006. : 30th June, 2006. P.C. P.C. P.C. 1] This company petition invokes the jurisdiction of this Court under Section 433(f) of the Companies Act, 1956. 2] The petitioners and respondent no.2 are related to each other. This is a dispute between family members. All of them have agreed that instead of this Company Petition being prosecuted dispute and difference not just pertaining to the companies but others as well, should be referred to the Arbitration of a Retired Judge of this Court. 3] The consent terms recording the above tendered by Mr. Kanchan appearing for the petitioner are signed by the Director of respondent no.1 who is also a party. She is present in the Court. Even the - 2 - petitioner no.1 is present in the Court. Petitioner No.2 has expired. The claims of his wife and other family members are also going to be referred to the Arbitration. 4] The consent terms are taken on record and marked "X"for identification. Order in terms of the Consent Terms. [S.C.DHARMADHIKARI,J.] S.C.DHARMADHIKARI,J.] S.C.DHARMADHIKARI,J.]