1 jpc/- IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO. 22 OF 2010 Raptim Research Limited .. Petitioner Versus Enem Nostrum Remedies Ltd. .. Respondent Mr. V. J. Jain i/by C.N. Mehta for the petitioner Ms. Asha Bhuta for the Respondent CORAM : S. J. KATHAWALLA, J. DATE : 26 th March, 2010 P.C.: By consent of the parties, the following order is passed in the company petition :- (i) The respondent company shall pay an amount of Rs.29,00,000/- (Rupees twenty nine lacs only) to the petitioner in full and final settlement of the claim of the petitioner as follows: (a) Rs. 4 lacs on or before 15 th April, 2010. (b) Rs.5 lacs on or before 15 th May, 2010. (c) Rs.5 lacs on or before 15 th June, 2010. (d) Rs.5 lacs on or before 15 th July, 2010. (e) Rs.5 lacs on or before 15 th August, 2010. (f) Rs.5 lacs on or before 15 th September, 2010. 2 (ii) In the event of default on the part of the respondent company in respect of any of the instalments agreed above, the entire claim amount of the petitioner shall become payable and the Company petition shall revive and shall stand admitted without any further reference to this Court, made returnable within six weeks and the petition be advertised in two local newspapers, namely“Free Press Journal”, “Maharashtra Times” and in the Maharashtra Government Gazette. (iii) The petitioner shall deposit an amount of Rs.10,000/- with the Prothonotary and Senior Master towards the publication charges, within two weeks from the date of the respondent company committing default, with intimation to the Company Registrar, failing which the petition shall stand dismissed for non- prosecution. (iv) The Company petition is accordingly disposed of with no order as to costs. (S. J. KATHAWALLA, J.)