Infogix Inc., v. Megasoft Limited
Case brief
What is this about?
This order disposed of a company winding-up petition upon acceptance of a joint settlement memo. The Court closed the main petition and connected applications, incorporating the settlement as part of the final order.
What did the court decide?
The present company petition is closed, and connected Company Applications are also closed.
What the court decided
A compact analysis
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.
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED : 24.02.2020
CORAM
THE HONOURABLE Ms.JUSTICE P.T.ASHA
C.P.No.288 of 2016 and C.A.Nos.330 of 2018 and 672 of 2016
Infogix Inc., a company incorporated under the Laws and Delaware and having its office at 1240 E Diaeh, Road, Suite 400, Naperville, Illinnois 60563, Represented herein by its Constituted Attorney, Mr.Jasjit Singh Chawla. ...Petitioner /Vs/
Megasoft Limited, a company incorporated under the Companies Act, 1956, having its registered office at No.85, Kutchery Road, Mylapore, Chennai, Tamil Nadu – 600 004, India Represented herein by its Director ...Respondent
PRAYER: Company Petition filed under Section 433(e), 433(f), 434(1)
and 439 of the Companies Act, 1956 read with Rule 95 of the Company (Court) Rules, 1959 to order that the respondent M/s.Megasoft Limited, be
wound up under the orders and directions of this Court under Provisions
Parties & counsel
- petitioner
Infogix Inc.
- respondent
Megasoft Limited
Coram
P.T. ASHA
Case details
As recorded by the court registry
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