M/S. Bairav Products (India) v. M/S. Epc Industries Ltd.
Case brief
What is this about?
Petitioners sought winding up under Sections 433 and 434 of the Companies Act, 1956. Parties settled amicably out of court. Leave to withdraw was granted, and the Company Petition was dismissed for want of prosecution.
What did the court decide?
Leave to withdraw the Company Petition was granted; the petition dismissed for want of prosecution.