M/S Internet Logistics v. M/S Midram Publications Pvt. Ltd

HON'BLE SRI JUSTICE C.V.NAGARJUNA REDDY COMPANY PETITION No.186 of 2014 Date:30.06.2015 Between:

M/s Internet Logistics, reptd by its Managing PartnerMario Jude Lewis ..... Petitioner And:

M/s Midram Publications Pvt Ltd., Reptd., by its Chairman-Venkatram Reddy.

.....Respondent Counsel for the Petitioner: Sri C.M.R.Velu Counsel for the Respondent: Sri A.Chandrasekhar The Court made the following:

ORDER:

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

At the hearing, the learned counsel for both parties have placed before the Court a joint memo signed by the representatives of the petitioner and the respondent as well as their respective counsel, wherein it is stated that both the parties have agreed to amicably settle the issues as per which the respondent has agreed to pay the petitioner Rs.16,50,000/- under three post dated cheques. The petitioner has, therefore, expressed its desire to withdraw the Company Petition as not pressed.

This joint memo is taken on file and the Company Petition is, accordingly, dismissed as not pressed. ____________________________ JUSTICE C.V.NAGARJUNA REDDY 30th June, 2015 DR