1 srk IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE First Appeal No.1642 of 2002 With Civil Application No.4785 of 2003 With Cross Objection Stamp No.39317 of 2001 Maharashtra Industrial Development Corporation Appellant Vs. M/s.Mukund Ltd. & anr. Respondents Mr.Kiran Gandhi i/b. M/s.Little & Co. for appellant. Mr.Sanjay Chaturvedi i/b. M/s.Malvi Ranchoddas & Co. for resp.no.1. Mrs.A.A.Mane, AGP for resp.no.2. CORAM: B.H.MARLAPALLE & S.J.VAZIFDAR,JJ. April 15, 2009. P.C. 1. This First Appeal filed by the defendant challenging the money decree of Rs.54,00,000/- (Rupees fifty four lakhs only) passed by the learned Civil Judge, Senior Division at Thane on 30/4/2001 was admitted on 24/2/2003 and during the pendency of this appeal the parties continued their negotiations to arrive at an amicable settlement. They have succeeded in the said efforts and signed the settlement, the terms of which have been reduced in writing in the 2 form of "Consent Terms". The Consent Terms have been signed between the parties on 4th April 2009. Mr.Vinod S. Shah, Director of the original plaintiff - company and Mr.Sanjay Kamble, General Manager (Legal) of the defendant - Corporation along with the respective Advocates / Solicitors have signed the Consent Terms. They are present before us today and have verified the Consent Terms to be true and correct. 2. The learned counsel for both the parties prayed to take on record the settlement in the form of Consent Terms and dispose off the Appeal as per the settlement between the parties along with the Cross Objection. The Consent Terms are taken on record and marked as "X" for identification and undoubtedly as agreed between the parties, they would be operative from today. The resolutions passed by both the parties to accept the settlement are also taken on record. 3. Hence the appeal and Cross Objection are disposed off in terms of the Consent Terms and the Registry is directed to issue fresh decree in the form of Consent Terms. 3 4. Civil Application No.4785 of 2003 does not survive and the same stands disposed. (S.J.VAZIFDAR,J.) (B.H.MARLAPALLE,J.)