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    <title>2017 (6) TMI 27 - DELHI HIGH COURT</title>
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    <description>The Court dismissed the applications for revival of liquidation proceedings, emphasizing the respondent&#039;s fulfillment of payment obligations within extended timelines and the petitioner&#039;s acceptance of payments with interest. The Court upheld the settlement agreement, noting the importance of honoring agreements and the Court&#039;s discretion to extend time for compliance with settlement terms. The applications for revival were dismissed, with the Court finding the petitioner&#039;s attempt to seek liquidation unjustifiable given the respondent&#039;s compliance.</description>
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    <pubDate>Mon, 29 May 2017 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=343756</link>
      <description>The Court dismissed the applications for revival of liquidation proceedings, emphasizing the respondent&#039;s fulfillment of payment obligations within extended timelines and the petitioner&#039;s acceptance of payments with interest. The Court upheld the settlement agreement, noting the importance of honoring agreements and the Court&#039;s discretion to extend time for compliance with settlement terms. The applications for revival were dismissed, with the Court finding the petitioner&#039;s attempt to seek liquidation unjustifiable given the respondent&#039;s compliance.</description>
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      <pubDate>Mon, 29 May 2017 00:00:00 +0530</pubDate>
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