Traxpo Enterprises Pvt. Ltd. v. Sharp Industries Limited
Case brief
What is this about?
This judgment disposes of a company application based on consent terms wherein the applicant agreed not to pursue proceedings under Section 138 of the Negotiable Instruments Act to the extent of the approved scheme.
What did the court decide?
Company Application disposed of in accordance with consent terms setting aside proceedings under Section 138 NI Act to the extent of the scheme.