The High Court of Delhi accepted a settled dispute between parties in a company petition and granted leave to withdraw. The petition was dismissed as withdrawn with an undertaking to furnish TDS certificates.
Leave to withdraw the company petition granted; petition dismissed as withdrawn.
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MUKESH NAWANI ..... Petitioner
Through: Ms. Sakhi Malhotra, proxy counsel for Mr. K.K. Mukhija, Advocate.
versus
DSC LIMITED ..... Respondent Through: Mr. Jatin Mongia & Mr. Rajnish Kumar, Advocates.
CORAM: HON'BLE MR. JUSTICE SIDDHARTH MRIDUL
O R D E R
%
06.02.2017
Learned counsel appearing on behalf of the parties, state in unison, that the underlying dispute that led to the institution of the present company petition has been amicably settled by and between the parties and the terms and conditions of the settlement are enshrined in the Settlement Agreement dated 31.3.2016.
The said Memorandum of Settlement dated 31.3.2016 entered into between the parties is lawful and the same is taken on record. The parties shall abide by the terms and conditions of the said Settlement Agreement dated 31.3.2016 without demur.
In view of the settlement arrived at between the parties as aforesaid, learned counsel appearing on behalf of the petitioner seeks leave to withdraw the present company petition.
Leave granted.
However, counsel for the respondent company undertakes that the respondent company shall furnish the TDS certificates to the petitioner by 31.3.2017. The said undertaking is accepted. Consequently, the accompanying company petition is dismissed as withdrawn and disposed of accordingly. Pending applications, if any, also stand disposed of.
SIDDHARTH MRIDUL, J.
FEBRUARY 06, 2017 'AA'
MUKESH NAWANI
DSC LIMITED
SIDDHARTH MRIDUL
As recorded by the court registry
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