1 jdk IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION APPEAL NO. 36 OF 2009 IN ARBITRATION PETITION NO. 265 OF 2008 Meher K.Palia, Mumbai and Anr. ..Appellants Vs. Nariman J.Palia Mumbai and Others ..Respondents .... Mr.Gaurav Joshi along with Mr.Chirag Mody i/by DSK Legal for Appellants Mr.Zubin Behram Kamdin alongwith Ms.A.Kapadia i/by M/s.Daphtary Ferreira & Divan for Respondents .... CORAM : B.H.MARLAPALLE AND SMT.V.K.TAHILRAMANI, JJ. DATE : 9th MARCH, 2010 P.C.: 1 As noted earlier, the settlement efforts have been successful and the parties who are inter se family members have settled all the disputes encompassing this Appeal and other family disputes. The settlement terms have been reduced in writing in the form of “family 2 arrangement agreement ” and consequently, two separate deeds of exchange have also been signed between the parties. 2 The family arrangement agreement as well as deeds of exchange are placed before us today and they have been duly signed by all the parties. Most of the parties are present in the Court. 3 We have noted that the family arrangement agreement has divided the parties in two different groups. The present appellants ’ group is group B and the respondents ’ group is group A in the said agreement. The learned Solicitors appearing for the appellants as well as the respondents undertake to file the Vakalatnama on behalf of all the remaining members of both the groups who are other than the appellants and the respondents, within one week. Admittedly, the family arrangement agreement has been signed by all the members of both the groups. 4 The learned counsel for both the parties therefore, pray for a decree to be passed in terms of the family arrangement agreement read with the deeds of exchange signed between the parties on 8th March, 2010. The family arrangement agreement is marked as Annexure-A, first the deed of exchange between the Champion Gasket Pvt. Ltd. (C.G.P.) and Mahabaleshwar Properties Pvt. Ltd. is marked as Annexure-B and the second deed of exchange signed between 3 M/s.Champion Jointings Pvt. Ltd. (C.J.P.) and Champion Seals and Packing Pvt.Ltd. (C.S.P.) is marked as Annexure-C. 5 We have perused the terms of the agreement between the parties and we are satisfied that they are just, proper and reasonable. 6 Hence, the appeal is decreed in terms of the family arrangement agreement read with the deeds of exchange referred to hereinabove. 7 The Office to issue a decree accordingly after the Solicitors file Vakalatnama. 8 Parties to bear their own costs. 9 Decree expedited. [ SMT.V.K.TAHILRAMANI, J.] [ B.H.MARLAPALLE, J. ]