1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION rpa COMPANY PETITION NO. 516 OF 2007 M/s. Shah Paper Mart .. Petitioner. v/s. M/s. Golden Chemicals Pvt. Ltd. .. Respondent. .... Ms. Preeti Menon i/b. M/s. Sreeji & Co. for the Petitioner. Mr. Piyush Raheja i/b. Federal & Rashmikant for the Respondent. .... CORAM : S.J. KATHAWALLA, J. DATE : 29TH JANUARY 2010. P.C. The learned Advocates appearing for the parties have tendered the Consent Terms dated 29th January, 2010 and have submitted that the same be taken on record and the Company Petition be disposed of in terms of the Consent Terms. 2. The Consent Terms are singed by Mr. M. S. Shah, proprietor of M/s. Shah Paper Mart and by Mr. Rashmikant B. Shah authorized signatory of the Respondent Company. Both the signatories are present in Court. A certified true copy of the resolution passed in the meeting of the Board of Directors of the Respondent Company authorizing Mr. Rashmikant B. Shah to execute/file the Consent Terms on behalf of the Respondent 2 Company, is also annexed to the Consent Terms. 3. The Consent Terms are taken on record and marked "X" for identification. However, it is clarified that, in the event of any two defaults committed by the Respondent Company, the Company Petition shall stand admitted, returnable after six weeks, without further reference to this Court. The Petitioner shall deposit an amount of Rs. 10,000/- with the Prothonotary and Senior Master towards the publication charges within a period of one week from the date of such default. The Petition shall be thereafter advertised in “Free Press Journal", "Maharashtra Times" and "The Government Gazette". 4. The Company Petition is disposed of in terms of the Consent Terms at "X" and the clarification set out in paragraph 3 above. [ S.J.KATHAWALLA, J. ]