Colenel Ramesh Chandra Gupta (Retd.) v. Adel Landmarks Ltd.

$~CP-16 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CO. PET. 523/2015 and CA No. 2136/2015, 1325/2016 COLENEL RAMES CHANDRA GUPTA(RETD.)..... Petitioner Through Mr.V.V.Manoharan and Mr.Shailaja Singh, Advs.

versus M/S ADEL LANDMARKS LTD.

..... Respondent Through Mr.Manoj K.Singh, Mr. Nilava Bandyopdhyay and Ms.Bornali Roy, Advs.

CORAM:

HON'BLE MR. JUSTICE JAYANT NATH

O R D E R

% 03.01.2018 Learned counsel for the petitioner states that in the present case, the respondent had initially given some post dated cheques for Rs.35,66,761/- as settlement amount. These cheques were returned unpaid. However, he submits that presently they have been paid Rs.31,26,568/- leaving a balance of Rs.4,40,193/-. He submits that in case this amount is paid, the claim of the petitioner would stand satisfied.

Leaned counsel for the respondent on instructions undertakes that the balance payment of Rs.4,40,148/- shall be paid within two months from today.

In view of the above, learned counsel for the petitioner seeks to withdraw the petition.

Petition is dismissed as withdrawn.

In case there is any default on the part of the respondent, liberty is granted to the petitioner to take steps as per law including revival of the

present winding up petition. All pending applications also stand dismissed. JANUARY 03, 2018/rb JAYANT NATH, J