Tribunals and CommissionsDivision Bench(2022) 11 NCLT CK 0091

Murti Devi vs Andy Solar Pvt. Ltd. & Others

National Company Law Tribunal · Decided on 30 November 2022

HON’BLE JUDGES
Harnam Singh Thakur, Member (J) · Subrata Kumar Dash, Member (T)
RESULT
Disposed Of
CASE NUMBER
CA Nos. 227/2017, 78/2022, 274/2022 & 275/2022 With CP No. 220/Chd/Hry/2017

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Judgment

8 paragraphs · 206 words

CA No. 274/2022

Heard on CA No. 274/2022 which is filed under Rule 11 of NCLT Rules, 2016 for brining on record the settlement arrived at between the parties.

A copy of the compromise deed dated 16.05.2022 is annexed as Annexure A-1 and copy of affidavit of petitioner Murti Devi is also annexed as Annexure A-2.

It is stated by learned counsel for applicant that on the basis of the said compromise, he may be permitted to withdraw the main petition on instructions with liberty to revive the same if there is any default in the terms and conditions of the compromise agreement. Keeping in view the statement made by applicant, CA No. 274/2022 is allowed and applicant is permitted to withdraw the CP No. 220/Chd/Hry/2017. CA No. 274/2022 is disposed of accordingly.

CP No. 220/Chd/Hry/2017

2.

In view of the order passed in CA No. 274/2022 above, CP No. 220/Chd/Hry/2017 is dismissed as withdrawn with liberty to revive the same if there is any default in the terms and conditions of the compromise agreement, in accordance with law.

CA No. 227/2017, 78/2022, 275/2022

3.

In view of the order passed in CP No. 220/Chd/Hry/2017 above, the present applications are rendered infructuous and disposed of accordingly.