: 1 : IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.108 OF 2005 Polycab Wires Pvt.Ltd. ....Petitioner V/s. Ion Exchange (India) Ltd. ....Respondent Mr.Hitesh Jain i/b Udwadia & Udeshi for the Petitioner. Mr.Atul Damle i/b Ms.Prachi Nimbalkar for the Respondent. CORAM : S.J. VAZIFDAR, J. DATED : 20TH JANUARY, 2006. P.C. : 1. The principal amount claimed is 3,51,854/-. The company has tendered two cheques aggregating to the said amount in Court. The company further undertakes to pay a sum of Rs.1,00,000/- towards interest within four weeks from today. 2. In the event of the cheques being realised and the amount of Rs.1,00,000/- being paid as aforesaid, the Company Petition shall stand dismissed. In the event of the cheques being dishonoured or the amount not being paid, the Company Petition shall stand admitted without further order. The parties have requested that the reasons not be given for this order. 3. The Company Petition is accordingly disposed : 2 : of.