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.789 OF 2004 In the matter of Sec.434 of the Companies Act, 1956 And In the matter of Lipi Boiler Ltd. Premier Transport Ltd. .. Petitioner Shri S.V.Vora for the petitioners Shri Y.V.Divekar 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.36,50,000/- in full and final settlement in 9 equally instalments commencing from 25.04.05 and to be paid on 25th of each month till entire amount is paid. 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.