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        Companies Law

        2012 (7) TMI 1060 - HC - Companies Law

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        Company Ordered to Pay Rs. 5 Lakh in Installments to Settle Petitioner's Claim The Calcutta High Court ordered the company to pay Rs. 5 lakh in ten monthly instalments to settle the petitioner's claim in CP No. 166 of 2012. If ...
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Company Ordered to Pay Rs. 5 Lakh in Installments to Settle Petitioner's Claim

                              The Calcutta High Court ordered the company to pay Rs. 5 lakh in ten monthly instalments to settle the petitioner's claim in CP No. 166 of 2012. If payments are made as agreed, the petition will be permanently stayed; otherwise, it will be advertised in newspapers. No costs were ordered at this stage.


                              The Calcutta High Court judgment in CP No. 166 of 2012 states that the company will pay Rs. 5 lakh in ten monthly instalments to settle the petitioner's claim. If payments are made as agreed, the petition will be permanently stayed. In case of default, the petition will be advertised in newspapers. No costs ordered at this stage.
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