The case pertains to CP(IB)-1265(MB)/2020 before the National Company Law Tribunal, Mumbai Bench, Court-IV. The matter involves Nidhaan Enterprises V/s Integrated Spaces Ltd. The hearing was held on 02.03.2021. Counsel for both parties informed the court that they have settled the matter amicably and consent terms have been filed with the registry.
The key facts are as follows: The case is CP(IB)-1265(MB)/2020. The parties involved are Nidhaan Enterprises (Petitioner) and Integrated Spaces Ltd. The hearing was held on 02.03.2021. Both parties, through their respective counsels, informed the court that they have settled the matter amicably. Consent terms have been filed with the registry. Based on these consent terms, the court dismissed the case as withdrawn. The petitioner has the liberty to file a fresh petition if the settlement terms are breached. This indicates that the parties have reached a settlement agreement outside of court, leading to the dismissal of the case.
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Order sheet…
Counsel for both parties informed that they…
The case pertains to CP(IB)-1265(MB)/2020 before the National Company Law Tribunal, Mumbai Bench, Court-IV. The matter involves Nidhaan Enterprises V/s Integrated Spaces Ltd. The hearing was held on 02.03.2021. Counsel for both parties informed the court that they have settled the matter amicably and consent terms have been filed with the registry.
The key facts are as follows: The case is CP(IB)-1265(MB)/2020. The parties involved are Nidhaan Enterprises (Petitioner) and Integrated Spaces Ltd. The hearing was held on 02.03.2021. Both parties, through their respective counsels, informed the court that they have settled the matter amicably. Consent terms have been filed with the registry. Based on these consent terms, the court dismissed the case as withdrawn. The petitioner has the liberty to file a fresh petition if the settlement terms are breached. This indicates that the parties have reached a settlement agreement outside of court, leading to the dismissal of the case.
Order sheet…
Counsel for both parties informed that they…