cp504-01.doc 1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.504 OF 2001 M/s.Powergear Ltd .. Petitioner Versus M/s.Batliboi Engironmental Engineering Ltd .. Respondent Mr.Satish Raut i/b. Consulta Juris for petitioner Mr.Nikhil Rajani i/b. V.Deshpande & Co. for respondent CORAM: S.C.DHARMADHIKARI, J. DATE : 3rd MARCH 2011 P.C. . The demand draft of Rs.3,75,794/- in pursuance of the earlier statements has been handed over by the respondent's Advocate to the petitioner in the Court. The same is accepted by the petitioner in full and final settlement of its claim. 2 This company petition is not yet admitted. In these circumstances and when the amount is accepted in full and final settlement by the petitioner, nothing remains in this petition and it is cp504-01.doc 2 disposed off in the light of the agreement reached between the parties. In view of this development, the petitioner will withdraw Summary Suit No.1795 of 1964 filed against the respondents within a period of two weeks from today. Needless, therefore, to state that the sum of Rs.7,91,588.00/- which was deposited in this Court by the respondents be allowed to be withdrawn by them with accrued interest. All concerned to act upon an authenticated copy of this order. (S.C.DHARMADHIKARI, J)