S. E. INVESTMENTS LIMITEDversusSEZAL GLASS LIMITED AND ORS

                                                                             3-IA-2015-2026.DOC




                               IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                   ORDINARY ORIGINAL CIVIL JURISDICTION
                                  EXECUTION APPLICATION NO. 1783 OF 2015


                      S E Investments Limited (Now known as Paisalo             ...Applicant
                      Digital Limited)
                            Versus
                      Sezal Glass Limited (Formerly known as Sejal          …Respondents
                      Architectural Glass Limited) (Through its
                      Directors) & Ors

                                                    WITH
                                  INTERIM APPLICATION NO. 2015 OF 2026
                                                     IN
                                 EXECUTION APPLICATION NO. 1783 OF 2015



                      Mr. Devesh Khara, with Abhinav Kalia, Devesh Dubey, Shoumya Sahu,
                            Bismit Nayak, Lakshya Bhatia and Devendra Kumar Singh, i/b
                            DKL Advocates, for the Applicant.
                      Ms. Shivanee Srivastava, with Henna Daulat and Gunjan Shah, i/b
                            M/s G. S. Legal, for the Respondents.
                      Mr. Mandar Chinchwadkar, Authorised Representative of SE
                            Investment Limited (Now Known as Paisalo Digital Limited).
                      Mr. Ashwin Shetty, Authorised Representative of Respondent No.1
ARUN
RAMCHANDRA
                            present.
SANKPAL
                      Mr. Amrut Gada, Authorisied Representative of Respondent No.2
Digitally signed by
ARUN RAMCHANDRA
SANKPAL
                            present.
Date: 2026.09.11
19:21:09 +0530        Mr. Mitesh Kanji Gada, Respondent No.4 present.
                      Mr. Dhiraj Shivaji Gada, Respondent No. 5 present.

                                                CORAM:          N. J. JAMADAR, J.
                                                DATE :          11th SEPTEMBER 2026


                      P.C.:

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1.     Heard Mr. Devesh Khara, the learned Counsel for the Applicant

and Ms. Shivanee Srivastava, the learned Counsel for the Respondents.

2.    The learned Counsel for the parties submit that the parties have

amicably resolved the dispute and the Consent Terms have been

executed. The learned Counsel for the parties seek leave to tender the

Consent Terms.

            Leave granted. Consent Terms are taken on record.

3.    Mr. Mandar Chinchwadkar, the Authorised Representative of the

Applicant, Mr. Ashwin Shetty and Mr Amrut Gada, the Authorised

Representative of Respondent Nos. 1 and 2, Mr. Amrut Gada,

Respondent No. 3, Mr. Mitesh Kanji Gada, Respondent No.4 and Mr

Dhiraj Shivji Gada, Respondent No. 5, are present before the Court.

They submit that they have read and understood the contents of the

Consent Terms. They admit the execution of Consent Terms and

contents thereof. They agree to abide by the same. They are identified

by their respective Advocates.

4.    It appears that the parties have worked out a comprehensive

settlement of the dispute. The Consent Terms appear to have been

executed voluntarily and there is no coercion or duress.

5.    The Consent Terms are thus taken on record and marked “X”.

6.    The Execution Application stands disposed in accordance with the

Consent Terms ‘X’.


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7.    The undertakings in the Consent Terms are accepted as

undertakings to the Court.

8.    In view of the disposal of the Execution Application, the Interim

Application stands disposed.



                                          [N. J. JAMADAR, J.]




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