2018 (5) TMI 1906

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....RDER When the matter was taken up, learned Counsel appearing on behalf Reliance Infratel Limited & Ors. produced a letter dated 29.05.2018 which reads as follows: "29.5.2018 To, 1. HSBC Daisy Investments (Mauritius) Limited 2. Drawbridge Towers Limited 3. Galleon Technology Offshore Limited 4. Galleon Special Opportunities Master Fund, SPC, Limited Galleon Crossover Segregated Portfolio, 5. Galleon Special Opportunities Master Fund, SPC, Limited Galleon Asia Crossover Segregated Portfolio, 6. IIC Pond View R Tower Limited, 7. IIC Lispenard R Tower Limited 8. Investment Partners B(Mauritius) Limited, 9. NSR PE Mauritius LLC/Revendell PE LLC, and ....

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....5. Galleon Special Opportunities Master Fund, SPC, Limited Galleon Asia Crossover Segregated Portfolio, 6. IIC Pond View R Tower Limited, 7. IIC Lispenard R Tower Limited 8. Investment Partners B(Mauritius) Limited, 9. NSR PE Mauritius LLC/Revendell PE LLC, and 10. Quantum (M) Limited ..... hereinafter collectively referred to as "Respondents" Appellants and Respondents are hereinafter collectively referred to as "Parties" and individually as "Party". 1. The Respondents are minority shareholders (holding 4.26% shares) in Appellant No. 1 Company. Being aggrieved by various acts of the majority shareholders (Appellant Nos. 2 and 3), the Respondents had filed a Company Pet....

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....eed hereunder, the Petition No. 7 of 2016 pending before the NCLT, Mumbai Bench shall be disposed of as withdrawn upon the Insolvency exit date. All orders including the Order dated 12 March 2018 passed by the NCLT, Mumbai Bench shall stand vacated upon the Insolvency exit date. 5. Contempt Application No. 148 of 2018 in Company Petition No. 7 of 2016 shall also stand disposed of upon the Insolvency exit date. The Respondents agree and undertake to withdraw the Special Leave Petition (Civil) No. 9462 of 2018 pending before the Hon'ble Supreme Court of India within 15 days of the Insolvency exit date. 6. All parties withdraw all allegations against each other. 7. No order as to costs. Dated this ______ day....