https://www.taxtmi.com/caselaws?id=313531 The parties reached a settlement, resulting in the withdrawal of the petition and the recall of the order appointing the OL as Provisional Liquidator. Two demand drafts totaling Rs.98,00,000 were provided as full settlement. The court ordered the respondent to pay Rs.24,00,000 to cover OL's expenses. Upon payment, the OL will de-seal and return possession of the premises to the respondent. The petition was dismissed, and all pending applications were disposed of, ensuring a comprehensive resolution of the dispute. en-us Mon, 27 Aug 2018 00:00:00 +0530 Fri, 19 Apr 2024 21:06:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313531 The parties reached a settlement, resulting in the withdrawal of the petition and the recall of the order appointing the OL as Provisional Liquidator. Two demand drafts totaling Rs.98,00,000 were provided as full settlement. The court ordered the respondent to pay Rs.24,00,000 to cover OL's expenses. Upon payment, the OL will de-seal and return possession of the premises to the respondent. The petition was dismissed, and all pending applications were disposed of, ensuring a comprehensive resolution of the dispute. Case-Laws Companies Law Mon, 27 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313531