Bombay High Court

NUTRITI INGREDIENTS PRIVATE LIMITEDversusTAURUS GROUP HOUSING FINANCE LTD

Decided: 20 August 2026
Disposal: DISPOSED OFF

Holding

The contempt petition is disposed of as the parties have executed consent terms and the petitioner has acknowledged receipt of the amount.

Summary

The petitioner, Nutriti Ingredients Private Limited, filed a contempt petition against Taurus Group Housing Finance Ltd. Both parties submitted a Consent Terms document, duly signed by them and their advocates. The petitioner acknowledged receipt of the amount specified in the Consent Terms. The court examined whether the existence of the consent agreement and the receipt of payment warranted dismissal of the contempt petition. Relying on the parties' agreement and the admission of receipt, the court found no ground to continue the contempt proceedings. Consequently, the contempt petition was disposed of in accordance with the Consent Terms.

Issues considered

Whether the contempt petition should be dismissed on the basis of the parties' executed Consent Terms and the petitioner's acknowledgment of receipt of the amount?

Subjects

contempt of court
consent terms
settlement
civil procedure
commercial division

Judgment

                                                                            3-CONP-25-2024.doc


                      Shabnoor
                               IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                   ORDINARY ORIGINAL CIVIL JURISDICTION
                                       IN IT’S COMMERCIAL DIVISION
SHABNOOR
AYUB
PATHAN                            CONTEMPT PETITION NO.25 OF 2024
Digitally signed by                              IN
SHABNOOR AYUB
PATHAN
Date: 2026.08.20
                           COMM ARBITRATION APPLICATION (L) NO.22435 OF 2022
17:21:17 +0530


                      Nutriti Ingredients Private Limited         … Petitioner
                                  V/s.
                      Taurus Group Housing Finance Ltd            … Respondent

                      Ms. Hemal Ganatra i/b Arihant Associates, for the Petitioner.
                      Mr. Pawan Tiwari, for the Respondent.


                                                  CORAM     : AMIT BORKAR, J.

                                                  DATED     : AUGUST 20, 2026
                      P.C.:

                      1.      The parties have tendered the Consent Terms duly signed by
                      the parties and their respective Advocates. The Petitioner admits
                      and acknowledges receipt of the amount as set out in the Consent
                      Terms.

                      2.      In view of the above, the Contempt Petition stands disposed
                      of in terms of the Consent Terms.

                                                                  (AMIT BORKAR, J.)




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