The case involves a dispute between Matrix Infra Global Engineering Private Limited and AKMB Projects Private Limited. A joint memo of settlement dated 2021-11-10 was placed before the court, indicating that the parties had agreed to settle their disputes. The joint memo was taken on record, along with minutes and a letter both dated 2021-10-26, issued by the Corporate Debtor in favor of the Operational Creditor.
Matrix Infra Global Engineering Private Limited and AKMB Projects Private Limited were involved in a dispute. A joint memo of settlement dated 2021-11-10 was presented to the court, indicating that both parties had agreed to settle the dispute. The Corporate Debtor issued minutes and a letter, both dated 2021-10-26, in favor of the Operational Creditor. Counsel for the Operational Creditor was present, but no representation was made on behalf of the Corporate Debtor. The joint memo was taken on record, and the court dismissed the case CP(IB) 275/KB/2021. The Operational Creditor was granted the liberty to revive the Company Petition if a default occurs.
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A joint memo of settlement was dated…
Minutes and a letter, both dated 2021-10-26,…
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The case involves a dispute between Matrix Infra Global Engineering Private Limited and AKMB Projects Private Limited. A joint memo of settlement dated 2021-11-10 was placed before the court, indicating that the parties had agreed to settle their disputes. The joint memo was taken on record, along with minutes and a letter both dated 2021-10-26, issued by the Corporate Debtor in favor of the Operational Creditor.
Matrix Infra Global Engineering Private Limited and AKMB Projects Private Limited were involved in a dispute. A joint memo of settlement dated 2021-11-10 was presented to the court, indicating that both parties had agreed to settle the dispute. The Corporate Debtor issued minutes and a letter, both dated 2021-10-26, in favor of the Operational Creditor. Counsel for the Operational Creditor was present, but no representation was made on behalf of the Corporate Debtor. The joint memo was taken on record, and the court dismissed the case CP(IB) 275/KB/2021. The Operational Creditor was granted the liberty to revive the Company Petition if a default occurs.
A joint memo of settlement was dated…
Minutes and a letter, both dated 2021-10-26,…
Sign in to view related legal provisions.