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 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 submitted to the court, indicating that the parties had agreed to settle the disputes amongst themselves. The Corporate Debtor issued minutes and a letter dated 2021-10-26 in favor of the Operational Creditor. The Operational Creditor's counsel did not provide attendance through WhatsApp. The court dismissed the case CP(IB) 275/KB/2021 based on the settlement. The Operational Creditor was granted liberty to revive the Company Petition if a default occurs.
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A joint memo of settlement was dated 2021-11-10…
Minutes and a letter dated 2021-10-26 were…
Sign in to view related legal provisions.
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 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 submitted to the court, indicating that the parties had agreed to settle the disputes amongst themselves. The Corporate Debtor issued minutes and a letter dated 2021-10-26 in favor of the Operational Creditor. The Operational Creditor's counsel did not provide attendance through WhatsApp. The court dismissed the case CP(IB) 275/KB/2021 based on the settlement. The Operational Creditor was granted liberty to revive the Company Petition if a default occurs.
A joint memo of settlement was dated 2021-11-10…
Minutes and a letter dated 2021-10-26 were…
Sign in to view related legal provisions.