Tribunals and CommissionsDivision Bench(2022) 07 NCLT CK 0641

Indian Bank vs True Value Homes (India) Pvt Ltd

National Company Law Tribunal · Decided on 20 July 2022

HON’BLE JUDGES
Sameer Kakar, Member (Technical) · S. Ramathilagam, Member (Judicial)
CASE NUMBER
CP(IB)/214(CHE)2021

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Judgment

5 paragraphs · 90 words

ORDER

The Learned Counsel Mr.P.V.Murlidhar appeared on behalf of the Petitioner and the Learned Counsel, Mr.A.M.Ilango appeared on behalf of the Respondent through video conferencing.

Joint Memo of Compromise has been filed by the Financial Creditor vide S.R.No.4446 dated 19.07.2022.

Both the parties state that the Financial Creditor is not pressing the above C.P. as the matter in dispute was settled out of court. The Joint Memo of Compromise was taken on record.

Accordingly CP(IB)/214(CHE)2021 is disposed off as the matter was settled out of court. No leave is allowed.