1 cp/945/02 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO. 945 OF 2002. Hakimchand Jayantilal Kamani .. Petitioner. vs. M/s Suman Motels Pvt Ltd .. Respondent. .... Mr Vasant B Dhawan, Advocate for Petitioner. Mr A Davar a/w Mr S Mulani i/b Mulani & Co., Advocate,for Respondent. Mr Surendra Khandhar, director of Respondent Co. present in- person. .... CORAM : S.J. KATHAWALLA, J. DATE : 25TH JULY 2011. P.C. : 1. Heard learned Advocates appearing for the parties. The company petition is at the stage of admission. 2. The following order is passed by consent of the parties:- (I) The respondent-company shall pay an amount of Rupees Three lacs to the petitioner in full and final settlement of the petitioner’s claim in the above company petition within a period of eight weeks from the date of this order. (II) If the respondent-company fails to pay the amount of Rupees Three lacs to the petitioner within a period of eight weeks from today, the company petition shall revive without reference to this court, shall stand admitted, be made returnable within a period of six weeks from the date of default and shall be advertised in two local newspapers, 2 cp/945/02 namely, Free Press Journal (in English) and Maharashtra Times (in Marathi) and the Maharashtra Government Gazette. (III)In the event of default on the part of the respondent- company, the petitioner shall, within a period of two weeks from the date of default, deposit an amount of Rs.10,000/- with the Prothonotary and Senior Master of this court towards publication charges, failing which the petition shall stand dismissed without reference to this court. The Company petition is accordingly disposed of. [ S.J. KATHAWALLA, J. ]