The case involves a company petition/application with the number CP(IB) No. 588/9/HDB/2018. Counsels representing both sides are present. The matter has been settled between the parties, and they have filed a joint memo of settlement signed by both counsels. An earlier settlement agreement dated 04.08.2019 was entered between the parties, and a memo is filed.
The key facts are as follows: The case is CP(IB) No. 588/9/HDB/2018. Rithwik Projects Pvt Ltd is the company. Welspun Corp Ltd is the petitioner. Rithwik Projects Pvt Ltd is the respondent. The case is under Section 9 of IBC. A settlement agreement dated 04.08.2019 was entered between the parties. A joint memo of settlement was filed and signed by both counsels. The court took the memo on record and closed the case as settled. The presence of counsels from both sides indicates that the settlement was reached through negotiation and agreement.
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The case involves a company petition/application with the number CP(IB) No. 588/9/HDB/2018. Counsels representing both sides are present. The matter has been settled between the parties, and they have filed a joint memo of settlement signed by both counsels. An earlier settlement agreement dated 04.08.2019 was entered between the parties, and a memo is filed.
The key facts are as follows: The case is CP(IB) No. 588/9/HDB/2018. Rithwik Projects Pvt Ltd is the company. Welspun Corp Ltd is the petitioner. Rithwik Projects Pvt Ltd is the respondent. The case is under Section 9 of IBC. A settlement agreement dated 04.08.2019 was entered between the parties. A joint memo of settlement was filed and signed by both counsels. The court took the memo on record and closed the case as settled. The presence of counsels from both sides indicates that the settlement was reached through negotiation and agreement.
Hearing he…
Settlement ag…
Sign in to view related legal provisions.