1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN INSOLVENCY INSOLVENCY PETITION NO.22 OF 2007 Re: Shailesh Gandhi .. Debtor Ex-parte:- SICOM Ltd. .. Petitioning Cr. Mr.Kishore Jain i/b. Piyush Shah for debtor Mr.P.V.Shah for Petitioning Creditor. CORAM : S.C.DHARMADHIKARI, J. DATE : 6th May 2008 P.C. . The petition is filed by the petitioning creditor, SICOM Ltd. The debtor is Shailesh Gandhi. During the pendency of the petition and before any order of adjudicating the petitioner as insolvent was passed, the parties have agreed to the petition being disposed of in terms of minutes of consent order. The said minutes 2 record that the well-wisher of the debtor has paid Rs.32 lakhs to the creditor SICOM and the same is accepted. The receipt thereof is confirmed by Ms.Kalpana Arshan, Assistant Manager, SICOM - Petitioning Creditor. 2. In the light of this development and the minutes being duly signed by the parties and their advocates, there is no impediment in taking the same on record. Accordingly, the same are taken on record and marked "X" for identification. Order in terms of minutes. Petition disposed of. (S.C.Dharmadhikari, J)