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TMI Blog2019 (2) TMI 1114X X X X Extracts X X X X X X X X Extracts X X X X ..... and an application has been filed in the instant appeal for taking on record their Settlement Agreement dated 18.12.2018. We have given our consideration to the Settlement Agreement dated 18.12.2018 arrived at between the parties herein. While allowing the interlocutory application, we direct that the said Settlement Agreement shall form part of this order. In consequence thereof, nothing remai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f 2018, wherein the NCLAT allowed the appeal preferred by Respondent No.1 herein and set aside the order dated 2nd February, 2018 passed by the National Company Law Tribunal [hereinafter NCLT for brevity] in CP No. (IB) 130/7/NCLT/AHM/2017. 2. Brief facts giving rise to the present appeal are that the Appellant and R.Nos.2 and 3 allegedly provided loans of various amounts to R.No.4 Company ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... olution Process on account of contractual bar due to agreement with banker of the Corporate Debtor, in his capacity as its Director. 4. Respondent No.1, being aggrieved with the order of NCLT, preferred appeal before NCLAT, which came to be allowed by judgment dated 12.07.2018, wherein it was held that the aforementioned petition before NCLT in respect of Appellant and R.No.3, was also not main ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dispute with mutual understanding. Accordingly, the parties have arrived at an amicable settlement and an application has been filed in the instant appeal for taking on record their Settlement Agreement dated 18.12.2018. 7. We have given our consideration to the Settlement Agreement dated 18.12.2018 arrived at between the parties herein. While allowing the interlocutory application, we direct ..... X X X X Extracts X X X X X X X X Extracts X X X X
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