On settlement of dues and undertaking to pay balance amount within two months, the petition was withdrawn and dismissed with liberty in case of default.
Petition dismissed as withdrawn; liberty granted to revive winding up petition in case of default.
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$~CP-7
MR.AUNP KUMAR VEDWAL ..... Petitioner
Through Mr.Chandra Shekhar Yadav and Mr.Awanish Sinha, Advs.
Versus
M/S ADEL LANDMARKS LTD. ..... Respondent Through Mr.Manoj K.Singh, Mr. Nilava Bandyopdhyay and Ms.Bornali Roy, Advs.
CORAM: HON'BLE MR. JUSTICE JAYANT NATH
O R D E R % 03.01.2018
Learned counsel for the petitioner states that pursuant to a settlement with the respondent, his client had received some post dated cheques for Rs.17,48,245/-. These were returned unpaid. He submits that however, his client has now received Rs.13,92,886/-. Hence, the balance should be paid by the respondent as per the settlement agreed upon.
Learned counsel for the respondent on instructions undertakes to make the necessary payment as per the settlement cheque amount within two months from today.
In view of the above, learned counsel for the petitioner seeks to withdraw the petition.
Petition is dismissed as withdrawn.
In case there is any default on the part of the respondent, liberty is
granted to the petitioner to take steps as per law including revival of the present winding up petition. All pending applications also stand dismissed.
JAYANT NATH, J
JANUARY 03, 2018 rb
Mr. Aunp Kumar Vedwal
M/S Adel Landmarks Ltd.
Jayant Nath
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
