1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE Writ Petition No.1382 of 2008 Raymond Apparels Ltd. (formerly known as J.K.Bombay) Ltd. Petitioner Vs. Jaywant Y. Patil Respondent Ms.Meena H. Doshi for petitioner. Mr.M.A.Shaikh and Mr.Y.M.Pendse for respondent. CORAM: B.H.MARLAPALLE, J. March 13, 2008 P.C. . During the pendency of this petition the parties have negotiated for an amicable settlement and they have been successful in arriving at such a settlement. The terms of the settlement have been reduced in writing and placed before me as Consent Terms. The said Consent Terms are taken on record and marked as "X" for identification. . I have gone through the Consent Terms and I find them to be just and reasonable for both the parties and I have no hesitation to treat the said Consent Terms as a bilateral settlement signed between the parties under Section 2(p) read with Section 18(1) of the Industrial Disputes Act, 1947. 2 . The learned counsel for the parties, therefore, prayed for disposal of the petition in terms of the said settlement. . Prayer granted and the petition is hereby partly allowed in terms of the settlement (Consent Terms marked as "X"). Undoubtedly the terms of settlement will be binding on both the parties. . Undoubtedly, the respondent - employee will approach the Labour Court and withdraw the Complaint (ULP) No.355 of 1998. Such withdrawal application will be filed within a period of two weeks from today. (B.H.MARL