M/S. Logwin Air and Ocean India Pvt.Ltd. v. M/S. Bizerba India Pvt. Ltd. - U28910MH2003PTC139386
Case brief
What is this about?
In a company petition, the petitioner sought settlement of its claim. The high court fixed a sum of Rs.1,25,000 for full settlement and detailed steps for withdrawal or admission upon default.
What did the court decide?
Respondent to deposit Rs.1,25,000 within one week; petition withdraws upon deposit, otherwise admitted on affidavit of default.