1 mgj IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION Company Petition No.590 of 2009 In the matter of Cavim Hospitality Services Pvt. Ltd. Hindustan Thompson Associates .Petitioner Mr.Satish Shah with Ms.Gauri Gandhi Kothari with Ms.Harshal Mank i/b Rustamji & Ginwala for petitioner. Mr.A.M.Vernekar for respondents Mr.Deepak Shroff Managing Director/Chairman of respondent company present. CORAM: S.J.KATHAWALLA J. 11 th September, 2009 P.C. 1 The above petition is disposed of by the following order which is passed by consent of the parties. 2 The respondent shall pay an amount of Rs.21.50 lacs in full and final settlement of the claim of the petitioner in the above company petition on or before 30 th October, 2009 and shall thereafter pay eight monthly installments of Rs.1.50 lacs commencing from 30 th November, 2009. However, the last 2 installment shall be of Rs.50,000/- 3 In the event of failure on the part of the respondent to pay the initial amount of Rs.1.50 lacs and/or any of the 11 installments payable thereafter the company petition shall revive and stand admitted without further reference to Court. 4 In the event of admission of the petition as aforestated, the petitioner shall advertise the petition in two local newspapers, namely, Free Press Journal , Maharashtra Times and in the Maharashtra Government Gazette. The petitioner shall deposit an amount of Rs.10,000/- with the Prothonotary and Senior Master towards the publication charges, within three weeks from the date of such default with intimation to the Company Registrar failing which the petition shall stand dismissed for non prosecution. (S.J.KATHAWALLA J.)