*1* exa.487.03.nob.sxw kps IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION EXECUTION APPLICATION NO.487 OF 2003 IN ARBITRATION PROCEEDINGS NO.352 OF 2000 WITH CHAMBER SUMMONS NO.1475 OF 2011 M/s Maharashtra Apex Corporation Ltd.. ..Petitioner -versus- M/s Rajasthan Gas Ltd. and others. ..Respondents -And- Prakash Vinayak Savikar. ..Applicant in CHS/1475/11 ............ Mr.Harihar Bhave i/b Bhave & Company, for the Applicant in CHS/1475/2011. Mr.A.R.Bamne i/b A.R.Bamne & Company, for the Petitioner/Decree Holder. Ms.S.R.Lad i/b Apex Law Partners, for the Respondent No.2. ............ CORAM : S.C.DHARMADHIKARI, J. Date : 18th November, 2011. P.C.: 1 Not on Board. Mentioned. 2 Mr.Bamne, learned counsel appearing for the Petitioner/Decree Holder, states that the dues have been duly satisfied by the Respondents/Judgment Debtors. In fact the execution application is filed seeking to enforce and execute the award against the Respondent No.2 (Satish Kumar Varma) and Applicant (Prakash Vinayak Savikar). After filing of this execution application, the said Satish Kumar Varma and Applicant (Prakash Savikar) have approached the Petitioner and paid a sum of Rs.18 lacs which has been accepted in full and final settlement of *2* exa.487.03.nob.sxw all claims under the subject Execution Application. 3 Since the amount is already paid, the request is that the terms recording the settlement and satisfaction of the award should be taken on record and the award/decree be marked “satisfied”. The Chamber Summons for raising attachment may also be disposed of in these terms. 4 Mr.Satish Kumar Varma has signed the terms, so also, his Advocate and the authorized signatory of Petitioner-Corporation has also signed the same. Equally, Applicant (Prakash Savikar) has also signed the consent terms. 5 In the presence of parties and their Advocates, these terms are taken on record and marked “X” for identification. Since the decree/award is marked “satisfied”, the Execution Application shall stand disposed of in these terms. Equally, the Chamber Summons No.1475/2011 is also disposed of. The attachments levied on the movable and immovable properties are raised. The decree/award is marked “satisfied” accordingly. (S.C. Dharmadhikari, J)