THE HON’BLE SRI JUSTICE C.V. NAGARJUNA REDDY COMPANY PETITION No.114 of 2014 Dated: 01.07.2014 Between:
Navayuva Enterprises Rep. by its Managing Partner Mr. P. Ramesh Varma .. Petitioner and ECI Engineering and Construction Co. Limited.
.. Respondent Counsel for the Petitioner: Mr. P. Vikram Counsel for the Respondent: --
The Court made the following:
ORDER:
This company petition is filed for ordering winding up of the respondent for non-payment of debt due to the petitioner.
Mr. Vikram Pooserla, learned counsel for the petitioner, stated that on receipt of notice from this Court, the respondent has approached the petitioner for settlement and that, accordingly, a settlement was reached. He, therefore, submitted that the petitioner does not intend to pursue this company petition.
In view of the above submission of the learned counsel for the petitioner, the company petition is closed.
C.V.NAGARJUNA REDDY, J 1st July, 2014 IBL