This case involves a Company Petition (No. 47 of 2017) filed by All Arch India Pvt. Ltd. against Siddhivinayak Infrasystem Pvt. Ltd. before the National Company Law Tribunal (NCLT), Mumbai Bench. The petition appears to be related to a claim for Rs. 12,00,000/-. The parties have reached an amicable settlement.
All Arch India Pvt. Ltd. (Petitioner) filed a Company Petition (No. 47 of 2017) against Siddhivinayak Infrasystem Pvt. Ltd. (Respondent) before the NCLT, Mumbai. The dispute involved a claim for Rs. 12,00,000/-. The Petitioner and Respondent reached an amicable settlement, documented in consent terms. The Respondent agreed to pay Rs. 12,00,000/- to the Petitioner through four cheques: Cheque No. 011327 dated 16/11/2017 for Rs. 3,00,000/-, Cheque No. 011328 dated 16/12/2017 for Rs. 3,00,000/-, Cheque No. 011329 dated 20/02/2018 for Rs. 3,00,000/-, and Cheque No. 011330 dated 20/04/2018 for Rs. 3,00,000/-. The Petitioner agreed to accept the Rs. 12,00,000/- as full and final settlement of its claim. The Petitioner also agreed not to file any civil or criminal case
…Sign in to view the parties.
Board Resolution dated 13.10.2016 authorizing…
Consent terms dated…
Sign in to view related legal provisions.
This case involves a Company Petition (No. 47 of 2017) filed by All Arch India Pvt. Ltd. against Siddhivinayak Infrasystem Pvt. Ltd. before the National Company Law Tribunal (NCLT), Mumbai Bench. The petition appears to be related to a claim for Rs. 12,00,000/-. The parties have reached an amicable settlement.
All Arch India Pvt. Ltd. (Petitioner) filed a Company Petition (No. 47 of 2017) against Siddhivinayak Infrasystem Pvt. Ltd. (Respondent) before the NCLT, Mumbai. The dispute involved a claim for Rs. 12,00,000/-. The Petitioner and Respondent reached an amicable settlement, documented in consent terms. The Respondent agreed to pay Rs. 12,00,000/- to the Petitioner through four cheques: Cheque No. 011327 dated 16/11/2017 for Rs. 3,00,000/-, Cheque No. 011328 dated 16/12/2017 for Rs. 3,00,000/-, Cheque No. 011329 dated 20/02/2018 for Rs. 3,00,000/-, and Cheque No. 011330 dated 20/04/2018 for Rs. 3,00,000/-. The Petitioner agreed to accept the Rs. 12,00,000/- as full and final settlement of its claim. The Petitioner also agreed not to file any civil or criminal case
…Board Resolution dated 13.10.2016 authorizing…
Consent terms dated…
Sign in to view related legal provisions.