Tribunals and CommissionsDivision Bench(2020) 03 NCLT CK 0423

K. Suresh vs Integree Projects Ltd

National Company Law Tribunal · Decided on 10 March 2020

HON’BLE JUDGES
R. Varadharajan, Member (Judicial) · Anil Kumar B, Member (Technical)
RESULT
Dismissed
CASE NUMBER
IBA/966/2019

CourtKutchehry membership

More clarity. Every judgment.

Download court copies, explore connected cases and make more of every research session.

Loading membership options…

CourtKutchehry membership

More clarity. Every judgment.

Download court copies, explore connected cases and make more of every research session.

Loading membership options…

Ask AI about this case

AI Structured Summary

Not yet generated for this judgment

Judgment

4 paragraphs · 134 words

ORDER

Counsel for the parties are present. It is represented by the Ld. Counsel for the Petitioner that a Memorandum of Settlement has been entered into as between the parties and the copy of the same has also been furnished before this Tribunal on 10.03.2020. A perusal of the said Memorandum of Settlement shows that the parties have arrived at a settlement and under para 7 the following is reflected : -

“7.

In case of failure of compliance of any of the above mentioned covenants, the Parties are at the liberty to agitate the same before a Court of Law or Tribunal having jurisdiction”

Taking into consideration the said Memorandum of Settlement dated 09.03.2020 as well as Rule 8 of I&B (AAA), Rules, 2016, this Petition stands dismissed as withdrawn. File to records.