1 mgj IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION Company Petition No. 158 of 2009 In the matter of Stelmec Limited Dattatraya Engineering ..Petitioner Mr.S.K.Shinde with Mr.Sagar Kasar for petitioner Mr.J.P.Sen with Mr.Farhan Dubhash with Ms.Neeta Solanki i/b Kiran Jain and Co. for respondent. CORAM: S.J.KATHAWALLA J. 9th September, 2009 P.C. 1 This Company Petition is disposed of by the following order which is passed by consent of the parties. i) The respondent shall pay an amount of Rs.19,20,000/-to the petitioner in full and final settlement of their claim in the company petition on or before 15th January, 2010. The said amount shall be paid in four monthly instalments of Rs.4,80,000/- 2 commencing from 15th October, 2009. ii) In the event of any default the company petition shall stand admitted. iii) In the event of admission of the petition, the petitioner to advertise the petition in two local newspapers, namely, Free Press Journal , Maharashtra Times and in the Maharashtra Government Gazette. The petitioner shall deposit an amount of Rs. 10,000/- with the Prothonotary and Senior Master towards the publication charges, within three weeks from the date of any default with intimation to the Company Registrar failing which the petition shall stand dismissed for non prosecution. (S.J.KATHAWALLA J.)