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2026 DAILYLAW 1708 (BOM)

Indian Agro Chem Industries Pvt Ltd v. Indian Agro Chemicals

LPETN/34/2026 · 2026-06-25

Shri Madhav J Jamdar

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

4-IAL-1702-2026+.DOC IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION (L) NO.1702 OF 2026 IN COMMERCIAL IP SUIT (L) NO.1464 OF 2026 WITH LEAVE PETITION NO.34 OF 2026 Indian Agro Chem Industries Pvt. Ltd. …Applicant/ Plaintiff Versus Indian Agro Chemicals …Respondent/ Defendant Mr. Kaivalya Shetye i/b. Mr. Mahesh Mahadgut, for the Applicant/Plaintiff. Mr. D. R. Mane (through Video Conferencing), Director of the Plaintiff. Mr. Binnar Sudam Laxman, Proprietor of the Defendant, present in Court. CORAM: MADHAV J. JAMDAR, J. DATED : 25th JUNE 2026 P. C.: 1. Perused the plaint and Leave Petition No.34 of 2026. For the reasons set out in the Leave Petition No.34 of 2026, the same is allowed in terms of prayer clause (a). Page 1 Sonali 4-IAL-1702-2026+.DOC 2. Mr. Shetye, learned Counsel appearing for the Plaintiff submits that the dispute between the Plaintiff and the Defendant is settled in terms of the Consent Terms. He submits that the Consent Terms are signed by Dnyanoba Ramrao Mane i.e. Director of the Plaintiff who has been authorized to sign the Consent Terms by the Board Resolution which has been annexed at page 7. The said Dnyanoba Ramrao Mane is present through Video Conferencing. He submits that the dispute between the Plaintiff and the Defendant is settled and he has signed the Consent Terms as authorized Director of the Plaintiff. 3. Mr. Binnar Sudam Laxman, who is the Proprietor of the Defendant-Indian Agro Chemicals is personally present in Court. He submits that the dispute between the Plaintiff and the Defendant has been settled in terms of the Consent Terms and he has signed the Consent Terms. 4. Accordingly, the Consent Terms are taken on record and marked ‘X’ for identification. The Consent Terms read as under: Page 2 Sonali 4-IAL-1702-2026+.DOC Page 3 Sonali 4-IAL-1702-2026+.DOC Page 4 Sonali 4-IAL-1702-2026+.DOC Page 5 Sonali 4-IAL-1702-2026+.DOC Page 6 Sonali 4-IAL-1702-2026+.DOC Page 7 Sonali 4-IAL-1702-2026+.DOC 5. Various statements made in the Consent Terms are accepted as undertakings given to this Court. 6. The Commercial IP Suit (L) No.1464 of 2026 is decreed in terms of the Consent Terms. 7. Refund of Court fees as per rules. 8. The Interim Application (L) No.1702 of 2026 is also disposed of in terms of the Consent Terms. [MADHAV J. JAMDAR, J.] Page 8 Sonali SONALI MILIND PATIL Digitally signed by SONALI MILIND PATIL Date: 2026.06.25 18:07:10 +0530