IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPEAL (LODGING) NO.31 OF 2009 Mrs.Shakeela Sultan Maredia & Ors. ...Appellants V/s. Hotel Maredias Pvt.Ltd.& Ors. ...Respondents ...... Mr.Roopesh R.Jaiswal for Appellants. Mr.Saleh Doctor, Sr.Counsel with Mr.B.B.Parekh for Respondents. ...... CORAM: A.M.KHANWILKAR, J. CORAM: A.M.KHANWILKAR, J. CORAM: A.M.KHANWILKAR, J. MAY 8, 2009. MAY 8, 2009. MAY 8, 2009. P.C. P.C. P.C. 1. The controversy raised in this Appeal is in relation to non-supply of documents and/or giving inspection of documents as was agreed between the parties in terms of the Consent Terms dated 13th August 2007. Counsel for the Respondents on instructions states that the process of valuation of shares is being undertaken by the Price Water House & Poopers, Agency appointed by the Company Law Board for that purpose. Besides, : 2 : the balance-sheet and other accounts are already furnished to the said Agency. 2. Be that as it may, the Respondents are in the process of making submission to the said Agency. Be that as it may, the Respondents through Counsel assure to give inspection of all the documents as may be requisitioned by the Appellants, which may be relevant for assessing the valuation of shares including the books of accounts and the balance-sheet for the relevant period. The Appellants shall submit their requisition in response to which, the Respondents shall give inspection and also furnish copies of the required documents not later than two weeks from the date of such requisition. The Respondents through Counsel assures to comply with this direction. That assurance is accepted. 3. It is agreed between the parties that the Appellant No.1 shall continue as Director with remunerations as are presently drawn or to be modified as per the policy of the Company in : 3 : future. The Appellants shall, however, not interfere with the management of the Company as per the order passed by the Board dated 13th August 2007. 4. Appeal disposed of on the above terms. A.M.KHANWILKAR, J.