1 cp-106-11 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION jmi COMPANY PETITION NO. 106 OF 2011. Span-Chem Technologies. ..Petitioner. vs. ESP (Asia) Pvt. Ltd. ..Respondent. .... Mr. Mohit Arora, i/b. Vishal Lohire, for Petitioner. Mr. Rahul D. Oak, i/b. Navdeep Vora & Associates, for Respondent. .... CORAM : S.J. KATHAWALLA, J. DATE : 2ND AUGUST 2011. P.C. : The following order is passed by consent of the parties : (i) The Respondent Company shall pay an amount of Rs. 6 lacs to the Petitioner in full and final settlement of their claim within a period of 4 weeks from today. (ii) In the event of the Respondent Company committing any default, the Company Petition shall revive without reference to this Court, the entire amount as claimed shall forthwith become due and payable by the Respondent Company to the Petitioner and the Company Petition shall stand admitted and made returnable within a period of six weeks from the date of default and advertised in two local newspapers, namely, “Free Press Journal” (in English) and in “Maharashtra Times” (in Marathi) and the Maharashtra Government Gazette. (iii) In case of default on the part of the Respondent in making payment as set out in clause (i) above, the Petitioner shall deposit an 2 cp-106-11 amount of Rs.10,000/- with the Prothonotary and Senior Master of this Court within a period of two weeks from the date of default towards publication charges, failing which the Petition shall stand dismissed without further reference to this Court. (iv) The Company Petition is accordingly disposed of. [ S.J. KATHAWALLA, J. ]