1 IN THE HIGH COURT OF JUDICATURE OF BOMBAY BENCH AT NAGPUR FIRST APPEAL NO.352/2010 M/S CONTINENTAL PAPERS LTD ..VS.. M/S GUPTA COAL INDIA LTD. Office Notes, Office Memorandum of Coram appearances, Court's orders or directions & Registrar's orders. Court's or Judges Order C ORAM : SMT. VASANTI A NAIK, J. DATED : 9 th JULY, 2010 . Heard Shri Pathrabe, the learned counsel for the appellant and Shri Masood Shareef, the learned counsel for the respondent. The parties have filed an application for recording the compromise. The same is signed by the appellant and the respondent and is also signed by the learned counsel for the appellant and the learned counsel for the respondent. It is stated in the application bearing CAF No.1525/2010 that the parties have arrived at an amicable settlement on the terms and conditions mentioned in the application for recording of compromise in clauses (a) to (h). Parties are personally present in the court today. Shri Ramkishan Yadav, the authorized signatory – Deputy Manager Administration has been authorized by the appellant to sign the compromise terms and is also given a power of attorney in that regard. He is personally 2 present in the court today. Shri Piyush Marodiya, the Director of the respondent company is personally present today in the court today. I have asked the parties, whether they are agreeable to the terms and conditions mentioned in the compromise. They have answered in the affirmative and have stated that they are ad-idem over the terms and conditions mentioned in clauses (a) to (h) in the application for recording of compromise. They have informed that the parties have fully and finally settled the matter on the terms mentioned in the clause (a) to (h). I have perused the terms and conditions of the compromise. They are just and proper. In terms of clause (b) of the compromise terms, the appellant is depositing an amount of Rs.9,00,000/- by a demand draft drawn on the Bank of Baroda, Nagpur, in the High Court today. The Registrar is directed to accept the said draft and the respondent is permitted to withdraw the amount so deposited in the court. In such circumstances, the first appeal is disposed of in terms of the compromise. A decree be drawn accordingly. No order as to costs. JUDGE 3 SMP.