# In the matter of Orris Infrastructure Pvt. Ltd. (IB)-234(PB)-2019

> NCLT judgment dated 2019-03-07. Citation: TCN-2019-NCLT-04551. This is a joint application placing on record a deed of settlement dated 06.03.2019. The…

- **Court:** NCLT
- **Order date:** 7 Mar 2019
- **Citation:** TCN-2019-NCLT-04551
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/orris-infrastructure-pvt-ltd-ib-234pb-2019-756328f0

## Summary

### Background

This is a joint application placing on record a deed of settlement dated 06.03.2019. The parties have amicably settled the dispute.

## Facts

Rita Malhotra & Ors. filed a petition against Orris Infrastructure Pvt. Ltd. A joint application was submitted to the court, placing on record a deed of settlement dated 06.03.2019. The parties involved have amicably settled their dispute. The relevance of these facts lies in the amicable resolution of the dispute, leading to the disposal of the petition.

## Issues and analysis

### Issue 1: Whether the petition should be disposed of in light of …

**Ratio:** A court can dispose of a petition when the parties have amicably settled their dispute

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**Reasoning:** The court reasoned that since the parties have amicably settled the dispute and placed a

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**Interpretation:** This legal issue involves the interpretation of the court's power to dispose of

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**Application:** The ratio and reasoning were applied to the specific facts of the case, where

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## Parties

- **Judges:** M. M. K…; S. K. MOH…
- **Appellants:** Rita Malhotra &…
- **Respondents:** ORRIS INFRASTRUCTU…
- **Advocates:** Sunil Mal…; Nidhesh…; +1 more

## Timeline

- **2019-03-06 — Deed of Set…**: A deed of settlement…
- **2019-03-07 — Order Del…**: Order delivered on 07.03.2019…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 7 — Initiation of corporate insolvency resolution…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-7)

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