Tribunals and CommissionsDivision Bench(2018) 07 NCLT CK 0590

Katariya Associates Pvt Ltd vs Raymix Concrete Ind Pvt Ltd

National Company Law Tribunal · Decided on 31 July 2018

HON’BLE JUDGES
Anil Kumar B, Member (Technical) · Ch. Mohd Sharief Tariq, Member (Judicial)
RESULT
Disposed Of
CASE NUMBER
CP/1159/IB/2018

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Judgment

2 paragraphs · 87 words

ORDER

Counsels for both the parties are present. Counsel for the Corporate Debtor has brought one Demand Draft for a sum of Rs.1,00,000/- dated 31.07.2019 drawn on Tamil Nadu Mercantile Bank Ltd, and the same is given to the Counsel for the Operational Creditor, which is full and final settlement between the parties. The Cheques earlier deposited by the Operational Creditor, which are in thirteen (13) in numbers are handed over to the Counsel for the Corporate Debtor. In view of it, the Petition stands disposed of.