Telangana High Court
CP/219/2014 of BlueOrchard Microfinance Fund Vs Share Microfin Limited, on 31 December 2015
CHALLA KODANDA RAM COMPANY PETITION No.219 OF 2014 ORDER: Sri S. Niranjan Reddy, learned counsel for the petitioner submits that subsequent to the order dated 01.06.2015 of this Court in Company Petition Nos.219, 220 and 221 of 2014, both the parties have entered into a Settlement Agreement
HON’BLE SRI JUSTICE CHALLA KODANDA RAM
COMPANY PETITION No.219 OF 2014
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ORDER:
Sri S. Niranjan Reddy, learned counsel for the petitionersubmits that subsequent to the order dated 01.06.2015 of thisCourt in Company Petition Nos.219, 220 and 221 of 2014, both theparties have entered into a Settlement Agreement dated25.11.2015. Pursuant to which the respondent has agreed to paya sum of Rs.4,20,00,000/- to the petitioner on or before15.12.2015, accordingly the respondent has paid the agreedamount. It is further submitted by the learned counsel for thepetitioner that Company Application No. 1934 of 2015 is filed tobring on record a copy of the Settlement Agreement dated25.11.2015 and to seek permission of this Court to withdraw theCompany Petition.
Recording the said submission, the Company ApplicationNo.1934 of 2015 is ordered and the Company Petition is dismissedas withdrawn. Consequently, the miscellaneous petitions, if any,pending shall also stand closed.
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CHALLA KODANDA RAM, J