1 11.cp.253.10 skt IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.253 OF 2010 M/s.J.N.Traders ....Petitioner V/s. M/s.Birla Accucast Ltd. ....Respondent ..... Mr.S.A.Ahemd for the Petitioner. Mr.Ashish Kamat a/w. Mr.S.B.Rao i/by Gauri S. Rao for the Respondent. .... CORAM : S.J. VAZIFDAR, J. DATE : 15TH DECEMBER, 2010. P.C. :- 1. The following order is passed with consent of the parties : (i) The Respondent shall pay the Petitioner a sum of Rs.17 lacs in 17 equal monthly installments commencing from 10th January 2011. Subsequent installments shall be payable on or before 10th day of each succeeding month. The Petition is accordingly disposed of. However, in the event there being default in payment of any installment, this petition shall stand restored forthwith without further orders of the court and shall be heard for admission. (ii) In the event of the amount being paid strictly as aforesaid to the Petitioner without any default, the Petitioner agrees to accept the same in full and final satisfaction of the claim. -