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High Court for State of TelanganaCP/155/2015closed no costs

M/S Makharia Machineries Pvt. Ltd., v. M/S Nawa Engineers And Consultants Private Ltd.,

2015-09-01C.V.Nagarjuna Reddy2 pages

The Hon'ble Sri Justice C.V.Nagarjuna Reddy Company Petition No.155 of 2015 Dated 01.09.2015 Between:

M/s.Makharia Machineries Private Limited Mumbai, rep. by its Authorised signatory Bipin Wani ... Petitioner and M/s.Nawa Engineers and Consultants Pvt. Ltd., Hyderabad

...Respondent

Counsel for the petitioner: Mr.Mahesh Raje Counsel for the respondent: Mr.Srinivasa Rao Velivela The Court made the following:

O r d e r :

This Company Petition is filed for an order to wind up the respondent- Company for nonpayment of the debt due to the petitioner. At the hearing, the learned Counsel for both the parties submitted that the parties have entered into a compromise and reduced the terms

into writing. They have also placed before the Court a Memorandum, dated 31-08-2015, containing 'Consent Terms'. Both the learned Counsel have, accordingly, requested the Court to place on record the said Memorandum of Consent Terms and close the Company Petition.

The request of the learned Counsel for both the parties is accepted.

The Memorandum of Consent Terms is, accordingly, placed on record and the Company Petition is closed in accordance therewith.

As a sequel to closure of the Company Petition, Application Nos.977, 978 and 979 of 2015, filed by the petitioner for interim relief, are disposed of as infructuous.

______________________ (C.V.Nagarjuna Reddy, J) Dt: 1st September, 2015 LUR