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High Court for State of TelanganaCP/206/2015closed no costs

M/S Bhushan Dealmark Private Ltd., v. M/S Ramky Infrastructure Limited,

2015-09-07C.V.Nagarjuna Reddy2 pages

THE HON'BLE SRI JUSTICE C.V.NAGARJUNA REDDY Company Petition No.206 of 2015 Dated 07th September, 2015 Between:

M/s.Bhushan Dealmark Private Ltd.,

...Petitioner

And M/s.Ramky Infrastructure Limited

...Respondent

Counsel for the petitioner: Sri M.S.Chandresh Counsel for the respondent: Sri Avinash Desai 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 Avinash Desai, learned counsel for the respondent, has placed before the Court demand draft, dated 29.08.2015, for a sum of Rs.2,91,704/-, drawn in favour of the petitioner towards full and final settlement of the latter's claim. Sri M.S.Chandresh, learned counsel for the petitioner, has received the

demand draft and requested the Court to close the company petition in view of the settlement reached between the parties and the payment made by the respondent in pursuance of such settlement.

In the light of the above facts, the company petition is closed. C.V.NAGARJUNA REDDY, J 07th September, 2015 VGB