National Company Law Appellate Tribunal

Amit Airy vs C & S Electric Ltd & Anr on 9 March 2021

NATIONAL COMPANY LAW APPELATE TRIBUNAL

PRINCIPAL BENCH, NEW DELHI

COMPANY APPEAL (AT)(Insolvency) No.819/2020

In the matter of:

Amit Airy

Appellant

Vs

C&S Electric Ltd & Anr

Respondent

Present:

Mr. Deokant Tripathi, Advocate for appellant.

Mr.Rahul Malhotra and Mr Manas Tripathi, Advocates for R1.

ORDER

(VIRTUAL MODE)

09.03.2021- In terms of order dated 15.02.2021 whereby the parties were directed to file joint petition alongwith copy of the settlement agreement within two weeks. An affidavit application duly sworn by the appellant alongwith settlement agreement has been filed by the appellant which is taken on record. Settlement agreement dated 15th January, 2021 duly executed has been signed by both the parties. Appellant seeks permission to withdraw the appeal. Learned counsel for the Respondent appears and submits that we have no objection if the appeal is withdrawn as the parties have settled the matter. Appellant is permitted to withdraw the appeal. The appeal is dismissed as withdrawn. (Justice Anant Bijay Singh) Member (Judicial)

(Ms Shreesha Merla) Member (Technical) Bm/nn

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