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2026 DAILYLAW 7949 (BOM)

Indian Agro Chem Industries Pvt Ltd v. Pioneer Agro Industries

LPETN/31/2026 · 2026-09-10

body2026

Judgment text

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18 IAL-1597-2026 =.DOC skt IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMMERCIAL INTELLECTUAL PROPERTY RIGHTS SUITS LODGING NO. 1367 OF 2026 WITH LEAVE PETITION NO. 31 OF 2026 Indian Agro Chem Industries Pvt. Ltd. ....Plaintiff Vs. Pioneer Agro Industries ....Defendant WITH INTERIM APPLICATION LODGING NO. 1597 OF 2026 In COMMERCIAL INTELLECTUAL PROPERTY RIGHTS SUITS STAMP NO. 1367 OF 2026 Indian Agro Chem Industries Pvt. Ltd. ....Applicant In the matter between : Indian Agro Chem Industries Pvt. Ltd. ....Plaintiff Vs. Pioneer Agro Industries ....Defendant Mr. Kaivalya Shetye, i/b. Mahesh Mahadgut, for the Plaintiff. Mr. Sanjeev Hariakar, for the Defendant. Mr. Dnyanoba R. Mane, Representative of Plaintiff. CORAM: MADHAV J. JAMDAR, J. DATE : 10th SEPTEMBER, 2026 P. C.: LEAVE PETITION NO. 31 OF 2026 1. Perused the Plaint and the Leave Petition. 2. For the reasons set out in the Leave Petition, the same is allowed in terms of prayer clause (a) and disposed of as such. Page 1 of 11 10th September, 2026 18 IAL-1597-2026 =.DOC skt COMMERCIAL INTELLECTUAL PROPERTY RIGHTS SUITS LODGING NO. 1367 OF 2026 1. Mr. Shetye, learned counsel appearing for the Plaintiff and Mr. Hariakar, learned counsel appearing for the Defendant state that the parties have settled the dispute and tender the Consent Terms. The Consent Terms are signed by Mr. Dnyanoba R. Mane, Director of the Plaintiff-Company, who has been authorized to sign the Consent Terms pursuant to Board Resolution passed on 24th June, 2026. The Consent Terms are also signed by Mr. Vinaykumar H. Patel and Mr. Shaileshbhai K. Patel, who are the Partners of the Defendant-Pioneer Agro Industries. 2. Mr. Dnyanoba R. Mane, Director of the Plaintiff-Company and Mr. Vinaykumar H. Patel and Mr. Shaileshbhai K. Patel, the Partners of the Defendant-Pioneer Agro Industries are present through video conference and all of them state that they have settled the dispute in terms of the Consent Terms. Both learned counsel identify the signatures of their respective clients. 3. Accordingly, the Consent Terms are taken on record and marked “X” for identification. Page 2 of 11 10th September, 2026 18 IAL-1597-2026 =.DOC skt 4. A scanned copy of the Consent Terms is reproduced hereunder for ready reference : 10th September, 2026 18 IAL-1597-2026 =.DOC skt 10th September, 2026 18 IAL-1597-2026 =.DOC skt 10th September, 2026 18 IAL-1597-2026 =.DOC skt 10th September, 2026 18 IAL-1597-2026 =.DOC skt 10th September, 2026 18 IAL-1597-2026 =.DOC skt 10th September, 2026 18 IAL-1597-2026 =.DOC skt 10th September, 2026 18 IAL-1597-2026 =.DOC skt 10th September, 2026 18 IAL-1597-2026 =.DOC skt 7. Various statements made by the parties contained in the Consent Terms are accepted as undertakings given to this Court. 8. The Suit is decreed in terms of the Consent Terms. 9. Refund of Court fees as per Rules. 10. In view of the disposal of the Suit, the Interim Application also stands disposed of. [MADHAV J. JAMDAR, J.] 10th September, 2026