M/s Bhushan Dealmark Private Ltd., v. M/s Ramky Infrastructure Limited
Telangana HCCP/206/2015
Case brief
AI extract
What is this about?
A company petition for winding up of the respondent for non-payment of debt was occasioned by the respondent filing a demand draft towards full and final settlement of the petitioner's claim. The Court closed the petition on account of the payment made by the respondent.
What did the court decide?
Company petition closed in view of settlement and payment of debt by the respondent.