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High Court for State of TelanganaCP/173/2013settled

Standard Bank (Mauritius) Limited, v. Bartronics India Limited,

2015-02-10C.V.Nagarjuna Reddy2 pages

HON'BLE SRI JUSTICE C.V.NAGARJUNA REDDY COMPANY PETITION No.173 of 2013 Date:10.02.2015 Between:

M/s Standard Bank (Mauritius) Ltd., Republic of Mauritius, reptd by Sri Daneshen Muneesamy .....Petitioner And:

M/s Bartronics India Ltd., Raj Bollaram Village, Ranga Reddy District.

.....Respondent Counsel for the petitioner: Sri M.Jayeem Reddy For Sri D.Pavan Kumar Counsel for the Respondent: Sri V.S.Raju The Court made the following:

ORDER:

This Company Petition is filed for an order to wind up the respondent-company for non-payment of the debt due to the petitioner.

At the hearing, Sri M.Jayeem Reddy, learned counsel representing Sri D.Pavan Kumar, learned counsel for the petitioner, submitted that the respondent has paid the entire debt due to the petitioner and that, therefore, his client is not interested in pursuing the Company Petition.

In view of this submission, the Company Petition is dismissed as settled out of Court.

As a sequel to dismissal of the Company Petition, Company Application Nos.858 and 859 of 2013 are dismissed as infructuous.

____________________________ JUSTICE C.V.NAGARJUNA REDDY 10th February, 2015 DR