The petitioner sought to withdraw the company petition after the parties executed a memorandum of understanding settling the debt. The court allowed the withdrawal and dismissed the petition.
Petition dismissed as withdrawn; no order as to costs.
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Chittewan
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY PETITION NO.177 OF 2016
| M/s. Everest Holovisions Ltd. | … | Petitioner |
|---|---|---|
| Versus | ||
| M/s Kris Flexipacks Pvt. Ltd. | … | Respondent |
Mr. B.S. Mahajani for the Petitioner. Mr. Ritesh Ratnam i/b Omprakash Parihar for the Respondent.
CORAM : S.C.GUPTE, J.
DATE : 2 DECEMBER 2016.
P.C. :
. Learned Counsel for the parties tender a memorandum of understanding executed between them. By this memorandum, the Respondent has settled the Petitioner's debt in full in accordance with the terms and conditions mentioned therein. A copy of the memorandum of understanding is kept on record, marked 'X' for identification. Learned Counsel for the Petitioner seeks to withdraw the petition in view of memorandum of understanding.
M/s. Everest Holovisions Ltd.
M/s Kris Flexipacks Pvt. Ltd.
S.C. Gupte
As recorded by the court registry
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