1 18.arbap.145.08.sxw IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION skt ARBITRATION APPLICATION NO. 145 OF 2008 Asian Paints (India) Ltd. ... Applicant Vs. Digambar Pandarinath Shau ... Respondent ...... Ms.Cynthia Pereira i/by M/s.Rajani Associates for the Applicant. Mr.V.S.Kapse for the Respondent. ...... CORAM : S.J. VAZIFDAR, J. DATE : SEPTEMBER 23rd, 2010. P.C. 1 The parties have agreed to the following order : The Respondent, who is present in Court agrees and undertakes to pay a sum of Rs.1,50,000/- as a full and final settlement of his dues to the Applicant in monthly installments of Rs.10,000/- (Rupees Ten Thousand only ) each commencing from 10th October 2010. 2 The undertaking is accepted. The Applicant is agreeable to the same. 3 In the event of the Respondent committing any two defaults or a default in respect of the last installment, the Applicant shall be entitled to proceed to recover the entire dues claimed by it. 4 The Application is accordingly disposed of. 2 18.arbap.145.08.sxw