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High Court for State of TelanganaCP/58/2016closed no costs

M/S Prakash Arts Private Limited, v. M/S Prajay Properties Limited,

2016-10-13Challa Kodanda Ram2 pages

THE HON'BLE SRI JUSTICE CHALLA KODANDA RAM COMPANY PETITION No.58 OF 2016 O R D E R:

This Company Petition is filed invoking the provisions of Sections 433(e), 434(1)(a) and 439 1(b) of the Companies Act, 1956, alleging the inability of the respondent-company to pay the debt.

Learned counsel for the petitioner submits that his client does not wish to prosecute the matter any further and seeks permission of this Court to withdraw the company petition. Recording the same, the Company Petition is closed. _____________________________ CHALLA KODANDA RAM, J Date:13.10.2016, Gk.

THE HON'BLE SRI JUSTICE CHALLA KODANDA RAM COMPANY PETITION No.58 OF 2016 Date:13.10.2016 Gk.