IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 19TH DAY OF JULY, 2019 BEFORE:
THE HON’BLE MRS. JUSTICE S.SUJATHA COMPANY PETITION No.105/2014 BETWEEN:
SWARNA G.K.
W/O GURUPRASAD B., AGED ABOUT 33 YEARS, # 130/A, GROUND FLOOR, GAURI NILAYAM, 5TH CROSS, SARASWATHINAGAR COLONY, LOTHUKUNTA, SECUNDERBAD-500 015 ... PETITIONER (BY SRI MOHAMMED SADIQH B.A., ADV.) AND:
AVESTHAGEN LIMITED HAVING ITS REGISTERED OFFICE AT DISCOVERER, 9TH FLOOR, UNIT 3 ITPL, WHITEFIELD ROAD BANGALORE-560066 ALSO AT AVESTHAGEN ONE NO.7/6, BRUNTON ROAD, BANGALORE-560025 REP BY ITS MANAGING DIRECTOR Dr. VILLO MORAWALA PATEL …RESPONDENT (BY SMT.ANNU BHARDWAJ, ADV. FOR SRI HARIKRISHNA S. HOLLA, ADV.) THIS COMPANY PETITION FILED UNDER SECTION 433(e) & (f) OF THE COMPANIES ACT, 1956, PRAYING TO PASS AN ORDER FOR WINDING UP OF AVESTHAGEN LIMITED, DISCOVERER, 9TH FLOOR, INTERNATIONAL TECH PARK, WHITEFIELD ROAD, BANGALORE-560 066, PRESENTLY AT AVESTHAGEN ONE, NO.7/6, BRUNTON ROAD, BANGALORE-560 025, IN ACCORDANCE WITH THE PROVISIONS OF THE COMPANIES ACT, 1956 AND ETC.
THIS PETITION COMING ON FOR ORDERS, THIS DAY, THE COURT MADE THE FOLLOWING:-
O R D E R Learned counsel appearing for the parties have filed a memo of settlement which reads thus:-
“The Respondent Company herewith pays a sum of Rs.73,200/- (Rupees Seventy Three Thousand and two hundred Only) vide D.D.No.986766 dated 21.06.2019 drawn on CITI Bank, M.G. Road Branch, Bangalore, towards full and final settlement of all claims of the Petitioner in the above case. The petitioner and respondent thereby pray that this Hon’ble Court may dismiss the above petition as withdrawn.”
The said memo is placed on record.
In view of the aforesaid, this Company Petition stands disposed of in terms of the memo of settlement.
Sd/- JUDGE PMR