M/S. Pennar Engineered Buildings Systems Limited v. M/S. U I Pipe Fittings Private Limited

HON'BLE SRI JUSTICE S.V.BHATT COMPANY PETITION No.402 OF 2016 ORDER:

No representation for petitioner.

Mr.Vedula Srinivas placed on record the settlement arrived at between the parties through the Memorandum of Understanding (MOU) dated 22.02.2018. The MOU since is already arrived at, this Court is of the view the company petition need not be kept pending.

The company petition is, accordingly, closed. No costs. The respondent herein if commits breach of the conditions agreed under the MOU dated 22.02.2018, it is always open to petitioner to seek reopening and revival of C.P.No.402 of 2016. _____________ S.V BHATT,J 23rd February, 2018 Lrkm