Authority: High Court of Judicature at Bombay
Order Date: 11 September 2026
Case Overview
- Parties: S E Investments Limited (now known as Paisalo Digital Limited) as Applicant versus Sezal Glass Limited (formerly Sejal Architectural Glass Limited) and its directors as Respondents.
- Matter: Execution Application No. 1783 of 2015 and Interim Application No. 2015 of 2026 concerning the enforcement of a decree.
- Counsel: Applicant represented by Mr. Devesh Khara (DKL Advocates) and Respondents by Ms. Shivanee Srivastava (G. S. Legal).
- Representatives present: Mr. Mandar Chinchwadkar (Applicant), Mr. Ashwin Shetty (Respondent No.1), Mr. Amrut Gada (Respondent No.2 & No.3), Mr. Mitesh Kanji Gada (Respondent No.4), Mr. Dhiraj Shivaji Gada (Respondent No.5).
- The parties reported that they have amicably resolved the dispute and that the Consent Terms have been executed voluntarily, without coercion or duress.
- The Consent Terms were read, understood, and admitted by all parties and their advocates.
Final Outcome
- The Consent Terms were taken on record and marked "X".
- The Execution Application stands disposed in accordance with the Consent Terms.
- The undertakings in the Consent Terms are accepted as undertakings to the Court.
- Consequently, the Interim Application is also disposed.
Topics: Settlement, Corporate Dispute