M/S. Trinity Logfx (India) Private Limited. v. M/S. Lanco Infratech Limited

THE HON'BLE SRI JUSTICE C.V.NAGARJUNA REDDY COMPANY PETITION No.160 of 2014 02.02.2015 Between:

M/s.Trinity Logex (India) Private Limited, New Delhi

...Petitioner

And M/s.Lanco Infra Tech Limited, Hyderabad

...Respondent

Counsel for the petitioner: Sri Tarun G.Reddy for Sri C.Tulasi Krishna Counsel for respondent: Sri N.V.Shravan Kumar, for Challa Gunaranjan 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, allegedly, due to the petitioner.

Sri N.V.Shravan Kumar, learned counsel representing Sri Challa Gunaranjan, learned counsel for the respondent, filed a memo, dated 19.01.2015, on behalf of the respondent along with a settlement agreement, dated 09.01.2015, between the petitioner and the respondent.

Sri Tarun G.Reddy, learned counsel representing Sri C.Tulasi Krishna, learned counsel for the petitioner, submitted that the aforementioned memo along with the settlement agreement may be taken on record and the company petition may be closed. In the light of the above submission of the learned counsel for the petitioner, settlement agreement, dated 09.01.2015, is placed on record and the company petition is accordingly closed in terms thereof. As a sequel to closure of the company petition, Company Application Nos.897 and 898 of 2014 filed by the petitioner for appointment of provisional liquidator and for injunction respectively shall stand disposed of as infructuous.

__________________________ (C.V.NAGARJUNA REDDY, J) 02nd February, 2015 GHN