Single judge order disposing of a winding up petition upon settlement and handover of post-dated cheques by the respondent, with liberty to revise if there is default.
Petition disposed; liberty granted to revive winding up petition upon respondent's default.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
$~CP-70
FAIRMACS SHIPPING& TRANSPORT SERVICES PVT LTD ..... Petitioner Through Mr.Rajeev Sharma, Adv.
versus
RADHIKA TEXTILE MILLS PRIVATE LIMITED ..... Respondent Through Mr.Sanjeev Narula, Adv.
CORAM: HON'BLE MR. JUSTICE JAYANT NATH O R D E R % 14.03.2018
The parties have been entered into a settlement agreement dated 01.12.2017 before the Delhi High Court Mediation and Conciliation Centre, New Delhi. Post dated cheques have also been handed over to the petitioner. The respondent may ensure that post dated cheques will be honoured when presented.
The petition stands disposed of.
Liberty is granted to the petitioner to take steps in case there is any default on the part of the respondent including revival of this winding up petition.
JAYANT NATH, J.
MARCH 14, 2018/v
Fairmacs Shipping & Transport Services Pvt Ltd
Radhika Textile Mills Private Limited
Jayant Nath
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
