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2012 (9) TMI 277

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..... t in full and final satisfaction of its claim, hence, petition does not survive for consideration. It is dismissed as withdrawn. - CO. PETITION NO. 224 OF 2011 - - - Dated:- 20-7-2012 - JAWAD RAHIM, J. C.K. Nanda Kumar for the Petitioner. B.A. Belliappa for the Respondent. ORDER 1. Petitioner, a partnership concern, by its managing partner, A.J. Benjamin has initiated ac .....

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..... ion by M/s Procon Engineers, consultants. Despite submission of bills claiming Rs. 78,81,725.13, it was not cleared. After persuasion, only a sum of Rs. 73,04,532/- was paid, leaving a balance of Rs. 5,77,193.13. 4. Several correspondence were entered into but it was of no avail. Consequently, petitioner issued a legal notice on 24.1.2011 calling upon the respondent company to pay the said sum .....

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..... he parties have resolved the dispute amongst themselves and the respondent has paid to the petitioner firm Rs. 6,50,000/- vide Demand Draft No. 292918 dated 30.6.2012. Petitioner firm has received the said amount in full and final satisfaction of its claim. 9. The memo is placed on record. In view of the settlement so reported, the petition does not survive for consideration. Hence, it is dism .....

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