Tribunals and CommissionsDivision Bench(2018) 07 NCLT CK 0589

Sri Engineering Works vs Eta Engineering 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/1226/IB/2018

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Judgment

2 paragraphs · 68 words

ORDER

Counsels for both the parties are present. Counsel for the Operational Creditor submitted that post-dated Cheques have been given, out of which one Cheque has been en-cashed and the settlement has been arrived at between the parties. Therefore, the Petition stands disposed of. However, liberty is granted to the Operational Creditor to revive/restore the Petition in the event of dishonouring the Cheques provided by the Corporate Debtor.