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"A. That M/s.Asian Power Controls Ltd. undertakes to pay Mrs.Bubbles Goyal a sum of Rs.60,00,000/- (Rupees sixty lacs) in full and final settlement of all liabilities, dues and claims under the Loan Agreement dated 5 th August 2008 within 120 days of the date of signing of the present Settlement Deed by means of demand draft(s) drawn in favour of Mrs.Bubbles Goyal.
1 1985 Vol.58 Company Cases 174.
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krs 4/14 appL383.12 B. That at the time of signing of loan agreement dated 5th August 2008, as stated in para 2 of the Loan Agreement, the company had hypothecated the title papers of the land owned by the Company at Plot No.A-85 Mettupalayam Industrial Estate, P.I.P.D.I.C. Thattanchavady Revenue, Oulgaret Commune, Pondicherry in favour of Mrs.Bubbles Goyal. On receipt of the complete amount of Rs.60,00,000/- (Rupees sixty lacs) within 120 days of the date of signing of the present Settlement Deed, Mrs.Bubbles Goyal undertakes to return the above-stated document to the company.

C. Mrs.Bubbles Goyal further undertakes to deposit the hypothecated title papers of the land owned by the Company at Plot No.A-85 Mettupalayam Industrial Estate, P.I.P.D.I.C. Thattanchavady Revenue, Oulgaret Commune, Pondicherry with the Registrar General of the Hon'ble High Court of Delhi. That after such deposit, Mr.Munesh Kumar, the authorized representative of M/s.Asian Power Controls Ltd., may take into his possession the said document on superdari basis for a fixed time period by giving an undertaking in this regard. The said documents shall be deposited back again by Mr.Munesh Kumar with the Registrar General after the expiry of the fixed time period. In case M/s.Asian Power Controls Ltd. has made the payment of Rs.60,00,000/-

(Rupees sixty lacs) before the expiry of the fixed time period Mr.Munesh Kumar would not be required to deposit back the hypothecated title papers with Registrar General of the Hon'ble High Court of Delhi.

D. On receipt of the complete amount of Rs.60,00,000/- (Rupees sixty lacs) by Mrs.Bubbles Goyal within 120 days of the signing of the present settlement deed, Mrs.Goyal further undertakes to withdraw Complaint Case No.2034 of 2010 u/s. 138 NIA before the Court of Ld. M.M. Shri Dhiraj Mittal (Court room No.509), District Courts, Saket, New Delhi and Company Petition No.455 of 2010 u/s 433 of the Companies Act, 1956 before the Hon'ble High Court of Bombay. Mr.Monish Mukkar undertakes to withdraw the Criminal Misc. (Main) No.1835 of 2011 filed before the Delhi High Court u/s. 482 CrPC and Mrs.Bubbles Goel undertakes to krs 5/14 appL383.12 withdraw the counter affidavit filed by her on 22.10.2011 in the Criminal Misc. (Main) No.1835 of 2011 before the Hon'ble High Court.