1 IN THE HIGH COURT OF JUDICATURE OF BOMBAY IN THE HIGH COURT OF JUDICATURE OF BOMBAY IN THE HIGH COURT OF JUDICATURE OF BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.8 OF 2008 WITH COMPANY PETITION NO.251 OF 2005 Mr.Sachin Goyal Properties and Leasing Pvt.Ltd. ..Petitioners. V/s. The O.L.High Court,Bombay. ..Respondent. And Kundanlal H. Sippy & Ors. ..Applicants. Ms. Sonal Thakor i/b. M/s. Kartikeya & Associates for applicants. Mr.Devesh Juvekar i/b. Humranwala & Co. for respondent. CORAM: A.M.KHANWILKAR,J CORAM: A.M.KHANWILKAR,J CORAM: A.M.KHANWILKAR,J DATE : FEBRUARY 18, 2008. DATE : FEBRUARY 18, 2008. DATE : FEBRUARY 18, 2008. P.C. : P.C. : P.C. : 1. Having regard to the joint request made on behalf of the Petitioner and Ex-director, for the reasons recorded in the affidavit in support of the Application in particular, consent arrangement arrived at between the parties, as recorded in the Order of the Apex Court dated 14th November, 2007, the Application is made absolute in terms of prayer clause (a). 2 2. Restored Petition would naturally stand disposed off in view of the mutual arrangement between the parties, particularly because no claim to oppose or support the Petition has been received by the Company Registrar or for that matter Official Liquidator. 3. The Applicants however, shall pay costs quantified at Rs.5,000/- to the Official Liquidator within one week from today. Payment of cost is condition precedent for showing the above indulgence to the applicants. The Application disposed off on the above terms. 4. Ordered accordingly. (A.M.KHANWILKAR,J) (A.M.KHANWILKAR,J) (A.M.KHANWILKAR,J)