1 mst IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.961 OF 2009 Concept Pharmaceuticals Ltd. Petitioner versus Acquatic Remedies Pvt.Ltd. Respondent None for the petitioner. Mr.Bipin Joshi for respondent. CORAM : S.J.KATHAWALLA, J. DATE : 29th July 2011 PC : 1. Learned advocate for the respondent company has drawn my attention to the order dated 2nd August 2010 which is a conditional order directing the respondent company to deposit an amount of Rs.16.00 lakhs on or before 30th September 2010 with a clarification that if the company deposits the said amount of Rs.16.00 lakhs as ordered, the Company Petition shall stand dismissed with liberty to the petitioner to file a suit and the said amount of Rs.16.00 lakhs shall be transferred to the said suit account. Accordingly, the respondent company deposited the amount of Rs.16.00 lakhs on 1st October 2010 with the permission of Court. The above Company Petition therefore stood dismissed. 2. The parties now seek to settle the matter whereby the petitioner and the respondent company have agreed that the petitioner shall accept Rs.16,90,311=16 Ps. in full and final settlement of the petitioner's claim against the respondent company. In view thereof, the parties are directed to file a Company Application seeking necessary modification of the order dated 2nd August 2010 passed by this Court. (S.J.KATHAWALLA, J.)