SRINATH MADHUSUDAN KHAITAN AND ANR v. GNET TRADE LINKS PVT LTD THROUGH ITS DIRECTOR SATISH BINDUMADHAV KULKARNI
IA/12689/2024 · 2026-08-25
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DailyLaw.ai
[ 2024 DAILYLAW 2156 (BOM) · dailylaw.ai ]
DailyLaw.ai
[ 2024 DAILYLAW 2156 (BOM) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
Megha 501_sa_561_2024 with ia_12689_2024 IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION SECOND APPEAL NO.561 OF 2024 WITH INTERIM APPLICATION NO.12689 OF 2024 IN SECOND APPEAL NO.561 OF 2024 Srinath Madhusudan Khaitan and Anr. ...Appellants V/s. GNET Trade Links Pvt. Ltd. ...Respondent ________________ Mr. Prashant J. Pandit for the Appellants. Mr. Uzair Surangiwala i/b. M/s. M.K. Saboo & Associates for the Respondent. ________________ CORAM: SANDEEP V. MARNE, J.
DATED: 25 AUGUST 2026. P.C.: 1) Second Appeal is not on board. At the joint request of the learned counsel appearing for the parties, who have submitted that the parties have amicably resolved the disputes, the Appeal is taken on board for recording the compromise. 2) The learned counsel appearing for the parties have placed on record consent terms, which are signed by the Appellants as well as by Page No.
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2 25 August 2026 026:BHC-AS:1
Megha 501_sa_561_2024 with ia_12689_2024 the Respondent/Plaintiff. Under the consent terms, the Respondent/ Plaintiff has agreed to settle the disputes by accepting an amount of Rs.5,50,000/-. Accordingly, a Demand Draft in the sum of Rs.5,50,000/- is handed over to the authorised signatory of the Respondent. perusal of the consent terms indicates that the same constitute a lawful compromise. Signatories to the consent terms are personally present before the Court. They admit their signatures on the consent terms as well as contents thereof. The consent terms are taken on record and marked ‘X’ for identification. 3) Second Appeal is accordingly disposed of in view of the consent terms. Decree of first Appellate Court shall accordingly stand modified and be substituted by the arrangement agreed in the consent terms. 4) Interim Application stands disposed of.
[SANDEEP V. MARNE, J.] Page No.
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2 25 August 2026 Signed by: Megha S. Parab Designation: PA To Honourable Judge Date: 27/08/2026 11:37:33