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High Court for State of TelanganaCP/47/2014withdrawn

Rajagopal Reddy Pakanati v. Quantum Build - Tech. Limited,

2017-11-09P Naveen Rao2 pages

THE HON'BLE SRI JUSTICE P. NAVEEN RAO COMPANY PETITION No.47 OF 2014 Dated:09.11.2017 Between:

Rajgopal Reddy Pakanati, S/o. Ananth Reddy, aged about 53 years, R/o.74 N, Berryline Circle, the Wood Lands, Texas 77381-4816 and another .. Petitioners And Quantum Build - Tech. Limited, A company incorporated under the Companies Act, 1956, having its Registered Office at 8-1-405/A/66, Dream Valley, Shaikhpet, Hyderabad, Rep., by its Managing Director Guduru Satyanarayana .. Respondent The Court made the following:

THE HON'BLE SRI JUSTICE P. NAVEEN RAO COMPANY APPLICATION No.847 OF 2017 IN/AND COMPANY PETITION No.47 OF 2014 ORDER:

C.A.No.847 of 2017 is filed seeking permission of the Court to withdraw the Company Petition in terms of settlement agreed between the parties with liberty to the petitioners to file a fresh Company Petition, if the terms of settlement are not complied with. Learned counsel representing the respondent reported no objection for withdrawal of the Company Petition. C.A.No.847 of 2017 is ordered and the Company Petition is accordingly dismissed as withdrawn with the liberty as sought for by the petitioners.

Miscellaneous Applications, if any, filed in the Company Petition shall stand closed.

____________________ P. NAVEEN RAO, J Date:09.11.2017 KH