IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORIDNARY ORIGINAL CIVIL JURISIDICTION ORIDNARY ORIGINAL CIVIL JURISIDICTION ORIDNARY ORIGINAL CIVIL JURISIDICTION COMPANY PETITION NO.622 OF 2004 In the matter of Sec.434 of the Companies Act, 1956 And In the matter of Jani Candoes & Toffees P.Ltd. Pearl Polymers Ltd. .. Petitioners Shri Prakash Panjabi for the petitioners Shri M.J.Jamadar for the company CORAM: S.U. KAMDAR, J. CORAM: S.U. KAMDAR, J. CORAM: S.U. KAMDAR, J. DATE : 1ST APRIL, 2005 DATE : 1ST APRIL, 2005 DATE : 1ST APRIL, 2005 P.C. : P.C. : P.C. : . By consent of the parties, the following order is passed: 1. The Respondent Company to make payment of sum of Rs.6,00,000/- in full and final settlement in 6 equally instalments commencing from 10th May 2005. In an event of any 2 defaults, petition to stand admitted and made returnable on 8.9.2005. 2. The petitioner to deposit with the Prothonotary & Senior Master, High Court, Mumbai a sum of Rs.2000/- immediately 3. The admission of the petition to be advertised in two newspapers namely, Free Press Journal and Navshakti and Government Gazette. If instalment as mentioned above are paid, petition to stand dismissed.