2012 (11) TMI 1236

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..... .11.2012 C.A. No.1961/2012 in CO.PET. 395/2012 In terms of the last direction ₹ 2 crores have since been paid by the respondent to the petitioner. The respondent has tendered a submission duly supported by the affidavit of the Mr.Hardeep Singh Bedi, Managing Director of the respondent company. The proposal states that the balance sum of ₹ 40 crores shall be paid in monthly instal .....

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..... at the entire payment be paid by the respondent to the petitioner within an outer limit of 10 months from the next date of hearing with interest at the agreed rate on the reducing balance. Learned counsel for the petitioner will also take instruction on this proposal which has been put to the respondent by the Court. Learned counsel for the respondent also seeks time to take instruction in this re .....

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