https://www.taxtmi.com/caselaws?id=349415 The Tribunal accepted the compromise settlement dated 16th August 2017, where the Petitioners agreed to transfer their shares to Respondent No.2, receiving a total consideration of Rs. 9,00,00,000/-. The Petitioners relinquished all rights to their shares, resigned as directors, and agreed to non-compete and non-solicitation covenants. Both parties mutually released claims, amended the Articles of Association, and agreed to jurisdiction in Bengaluru for dispute resolution. The Settlement Deed was deemed valid and binding, with parties representing authority to enter into the agreement. en-us Thu, 31 Aug 2017 00:00:00 +0530 Fri, 13 Oct 2017 09:24:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349415 The Tribunal accepted the compromise settlement dated 16th August 2017, where the Petitioners agreed to transfer their shares to Respondent No.2, receiving a total consideration of Rs. 9,00,00,000/-. The Petitioners relinquished all rights to their shares, resigned as directors, and agreed to non-compete and non-solicitation covenants. Both parties mutually released claims, amended the Articles of Association, and agreed to jurisdiction in Bengaluru for dispute resolution. The Settlement Deed was deemed valid and binding, with parties representing authority to enter into the agreement. Case-Laws Companies Law Thu, 31 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349415