M/S Amit Paints v. M/S Hmm Infra Limited
Case brief
What is this about?
The High Court disposed of the winding up petition filed by the petitioner against the respondent-company. The debt dispute was settled with partial payment made and a timeline set for the balance, leading to disposal with liberty to revive the petition if terms are not met.
What did the court decide?
Present petition is disposed of with liberty to petitioner to get same revived in case respondent fails to adhere to agreed settlement terms.