1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY NAGPUR BENCH : NAGPUR COMPANY APPEAL NO.5 OF 2007 IN COMPANY PETITION NO.8 OF 2006 (Ballarpur Industries Limited vs. M/s. Karpara Project Engineering) __________________________________________________________________ Office Notes, Office Memoranda of Coram, appearances, Court's orders Court's or Judge's orders or directions and Registrar's orders. Shri S.V. Manohar, Advocate for appellant. Shri A.S. Chandurkar, Advocate for respondent. --------- CORAM : J.P. DEVADHAR AND A.B. CHAUDHARI, JJ. DATED : SEPTEMBER 1, 2010 Heard learned Counsel for the parties. Company Petition No.8/2006 was admitted by the learned Single Judge of this Court solely on the basis of decree passed against the appellant by Madras High Court in Civil Suit No.623/1997. The learned Counsel on both sides state that the decree passed by the Madras High Court has been compromised by an order dated 17/6/2010. As 2 per the terms of compromise, the respondent is entitled to withdraw a sum of rupees twenty-five lakhs deposited by the appellant in this Court and is required to withdraw Company Petition No.8/2006. Accordingly, respondent is permitted to withdraw the amount of rupees twenty-five lakhs deposited by the appellant in this Court. The appellant is at liberty to withdraw the balance amount. The company appeal is disposed of accordingly. Company Petition No.8/2006 is allowed to be withdrawn in terms of the order dated 17/6/2010 passed by the Madras High Court. JUDGE JUDGE khj