-1- IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION APPEAL (LODGING) NO. 416 OF 2008 IN INSOLVENCY PETITION NO. 48 OF 2006 Santosh Vishnu Shinde and another ).. Appellants Versus Srichand Lakhmichand ).. Respondent ALONG WITH APPEAL (LODGING) NO. 417 OF 2008 IN INSOLVENCY PETITION NO. 50 OF 2006 Santosh Vishnu Shinde and another ).. Appellants Versus Srichand Lakhmichand ).. Respondent AND APPEAL (LODGING) NO. 418 OF 2008 IN INSOLVENCY PETITION NO. 49 OF 2006 Tukaram Patilbuva Shinde and another ).. Appellants Versus -2- Srichand Lakhmichand ).. Respondent Mr P M Khamkar for the Appellants. Mr P B Kapadia for the Respondent. CORAM: SWATANTER KUMAR, C. J. & A.P. DESHPANDE, J. DATED: 1ST SEPTEMBER 2008. P.C. Parties have filed Minutes of Order, a kind of a compromise, entered into between them. The said Minutes of Order are signed by the both, the learned Counsel as well as the parties. The same for the purposes of identification are marked “X”, “X1” and X2” respectively. 2. The Insolvency proceedings and the order challenged in the Appeals shall stand vacated. The Appellants before this Court would be free of any restriction. Subject to the undertaking stated in the Minutes of Order and accepted by the Court that cheques issued today, the details of which are given in “X”, “X1” and “X2” respectively will be honoured on presentation. 3. It is further agreed that the Appellants would pay, after realization of the cheques, a sum of Rs.30,000/- (Rupees Thirty Thousand only) on account of claim of interest in full and final settlement of the claim. The said payment will be made within three -3- months of realization of the last cheque. 4. All accounts and properties sealed or attached shall stand released from the order of Insolvency Court. 5. All the Appeals are disposed of accordingly. No order as to costs. CHIEF JUSTICE A. P. DESHPANDE, J.