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TMI Blog2018 (6) TMI 1642X X X X Extracts X X X X X X X X Extracts X X X X ..... 2018. Appeal disposed off. - I.A. No. 865 of 2018 IN Company Appeal (AT) No. 99 of 2018 - - - Dated:- 29-6-2018 - Justice S.J. Mukhopadhaya Chairperson Justice A.I.S. Cheema Member(Judicial) For Appellants: - Mr. Salman Khurshid, assisted by Mr. Chaitanya Safaya, Mr. Zafar Khurshid and Ms. Amna Darakhshan, For Respondents: - Mr. Ashish Prasad and Mr. Rohan Roy, Advocates. ORDER Pursuant to an interim order, passed by the National Company Law Tribunal (hereinafter referred to as Tribunal ), Mumbai Bench, Mumbai, in a petition under Sections 241 and 242 of the Companies Act, 2013, an appeal was preferred by Reliance Infratel Limited Ors. and another appeal preferred by the State ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ructure Limited, and 3. Reliance Communications Limited. hereinafter collectively referred to as Appellants 1. HSBC Daisy Investments (Mauritius) Limited, 2. Drawbridge Towers Limited 3. Galleon Technology Offshore Limited. 4. Galleon Special Opportunities Master Fund, SPC, Limited Galleon Crossover Segregated Portfolio, 5. Galleon Special Opportunities, Master Fund, SPC, Limited Galleon Asia Crossover, Segregated Portfolio, 6. IIC Pond View R Tower Limited, 7. IIC Lispenard R Tower Limited, 8. Investment Partners B (Mauritius) Limited, 9. NSR PE Mauritius LLC/Rivendell PE LLC, and 10. Quantum (M) Limited. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... evocable Bank Guarantee in favour of the Respondents issued by a scheduled commercial bank with an AAA rating issued by CRISIL or ICRA. The Bank Guarantee shall be issued and handed over to the Respondents within 15 banking days from the date of signing of the present Consent Terms. 4. In view of the present Consent Terms, and in consideration of the Appellants undertaking to pay the amounts as agreed hereunder, the Petition No. 7 of 2016 pending before the NCLT, Mumbai Bench shall be disposed of as withdrawn upon the Insolvency exit date. All orders including the Order dated 12 March 2018 passed by the NCLT, Mumbai Bench shall stand vacated upon the Insolvency exit date. 5. Contempt Application No. 148 of 2018 in Comp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Respondent No. Name Percentage 1. HSBC Daisy Investment (Mauritius) Ltd. 27.826 2. Drawbridge Towers Ltd. 17.391 3. Galleon Technology Offshore Ltd. 8.696 4. Galleon Special Opportunities Master Fund, SPC Ltd. Galleon Crossover Segregated Portfolio 7.609 5. Galleon Special Opportunities Master Fund, SPC Ltd. Galleon Asia Crossover Segregated Portfoli ..... X X X X Extracts X X X X X X X X Extracts X X X X
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