: 1 : IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.502 OF 2006 COMPANY PETITION NO.502 OF 2006 COMPANY PETITION NO.502 OF 2006 In the matter of Companies Act, 1956; And A Petition for winding up of M/s.Samriti Chemicals Ltd. under section 433 and 434 of The Companies Act, 1956; Smt.Lilavati Popatlal Shah .. Petitioner. Shri.Jayendra S.Shah for the petitioner. Shri.Narayan S.Chirapalli for the respondent. CORAM : S.C.DHARMADHIKARI, J CORAM : S.C.DHARMADHIKARI, J CORAM : S.C.DHARMADHIKARI, J DATE : 25TH JANUARY, 2007. DATE : 25TH JANUARY, 2007. DATE : 25TH JANUARY, 2007. P.C.: P.C.: P.C.: . This Company Petition is placed for admission. However, pursuant to the negotiations and talks of settlement, the respondent company has agreed to settle : 2 : the claim of the petitioner and the petitioner has agreed to accept the sum of Rs.50,000/- in full and final settlement of her claim in the petition. The Consent Terms are filed by the parties to this effect. They are taken on record and marked as "X" for identification. . If the sum of Rs.50,000/-, which is to be paid by two cheques, details of which are listed in Para 1 is realised upon the cheques being encashed and honoured, parties agree that this Company Petition shall be dismissed as withdrawn. In default or dishonour of the cheques, this Company Petition shall stand admitted. Thereafter, the petitioner to proceed and advertise it in accordance with the rules. . Order in terms of Consent Terms. The Consent Terms are duly signed by the parties as also their advocates. (S.C.Dharmadhikari, J.) (S.C.Dharmadhikari, J.) (S.C.Dharmadhikari, J.)