REI Industries Ltd. initiated a case against Ducon Technologies (I) Pvt. Ltd. before the NCLT, Mumbai. A settlement deed was presented to the court, indicating that KEI (likely related to REI Industries Ltd.) agreed to withdraw its claim against Ducon in Case No. TCP No. 642/2017. Both parties had come to an agreement to settle their disputes amicably. As part of the settlement, Ducon agreed to pay Rs. 12,00,000 to KEI in six installments. The first installment of Rs. 2,00,000 was to be paid via Draft No. 981059 from State Bank of India Wagles Industrial Estate Branch dated November 13, 2017. The remaining installments were to be paid via checks in December 2017, January 2018, February 2018, March 2018, and April 2018. The petitioner then sought to withdraw the

REI Industries Ltd. initiated a case against Ducon Technologies (I) Pvt. Ltd. before the NCLT, Mumbai. A settlement deed was presented to the court, indicating that KEI (likely related to REI Industries Ltd.) agreed to withdraw its claim against Ducon in Case No. TCP No. 642/2017. Both parties had come to an agreement to settle their disputes amicably. As part of the settlement, Ducon agreed to pay Rs. 12,00,000 to KEI in six installments. The first installment of Rs. 2,00,000 was to be paid via Draft No. 981059 from State Bank of India Wagles Industrial Estate Branch dated November 13, 2017. The remaining installments were to be paid via checks in December 2017, January 2018, February 2018, March 2018, and April 2018. The petitioner then sought to withdraw the