M/s. Venkata Sai Engineering, v. M/s.Vaidhatru Pharma Pvt. Ltd.
Case brief
What is this about?
A creditor filed a winding-up petition against M/s. Vaidhatru Pharma Pvt. Ltd. under the Companies Act, 1956. The petitioner submitted that the dispute had been settled. The Court recorded this fact and ordered the closure of the Company Petition without further adjudication.
What did the court decide?
The Company Petition No. 294 of 2015 was closed on the submission of settlement by the petitioner.