1 mgj IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION Company Petition No. 681 of 2009 In the matter of winding up of Adventity Global Services Private Limited Blackjag Consulting ..Petitioner Mr.Ajit Anekar i/b Kochar and Co. for petitioner Mr.Simil Purohit with ms.Raji Radhakrishnan i/b India Law Alliance for respondents Mr.Pramod Jaiswal, Chief Accounts Officer and Mr.Ajit Jain Legal Officer of respondents present. CORAM: S.J.KATHAWALqLA J. 25th September, 2009 P.C. 1 The company petition is disposed of by the following order which is passed by consent of the parties. i) The respondent company shall pay an amount of Rs.18,00,000/- to the petitioner in full and final settlement of their claim in the company petition. 2 ii) Upon such payment of Rs.18,00,000/- the petitioner shall have no claim of whatsoever nature against the respondent company. iii) The said amount of Rs.18,00,000/- shall be paid by the respondent company in the following manner: a) Rs.10,00,000/- on or before 15th October, 2009. b) Rs.3,00,000/- on or before 15th November, 2009 c) Rs.3,00,000/- on or before 15th December, 2009; and d) Balance Rs.2,00,000/- on or before 15th January, 2010. iv) In case of the respondent committing default in payment of any of the afore-stated installment/sthe company petition shall revive and stand admitted without reference to this Court. Thereupon the petitioner shall advertise the petition in two local 3 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 with intimation to the Company Registrar failing which the petition shall stand dismissed for non prosecution. 5 The Company Petition is accordingly disposed of with no order as to costs. (S.J.KATHAWALLA J.)