https://www.taxtmi.com/caselaws?id=397487 The National Company Law Tribunal, Kochi Bench, affirmed the maintainability of company petitions filed under sections 241 and 242 of the Companies Act, 2013. Subsequently, mediation proceedings facilitated by the High Court of Kerala led to a settlement agreement between the parties. As per the agreement, all cases against each other were to be withdrawn. The petitioner applied to withdraw the company petitions, which was accepted by the Tribunal. Both parties agreed to abide by the settlement terms, resulting in the disposal of the petitions with no costs awarded. en-us Wed, 10 Jun 2020 00:00:00 +0530 Thu, 20 Aug 2020 10:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397487 The National Company Law Tribunal, Kochi Bench, affirmed the maintainability of company petitions filed under sections 241 and 242 of the Companies Act, 2013. Subsequently, mediation proceedings facilitated by the High Court of Kerala led to a settlement agreement between the parties. As per the agreement, all cases against each other were to be withdrawn. The petitioner applied to withdraw the company petitions, which was accepted by the Tribunal. Both parties agreed to abide by the settlement terms, resulting in the disposal of the petitions with no costs awarded. Case-Laws Companies Law Wed, 10 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397487