Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2019 (11) TMI 541

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... r The Appellants : Mr. Sidharth Joshi and Ambreen, Advocates For The Respondents : Mr. Suveer Dhyani and Mr. Skshay Dhaundiyal, Advocates And Mr. Kundan Kr. Raj, Advocate ORDER This Appeal has been preferred by Manoj Gaur and Anr., Promoter of M/s Gaursons Sportswood Private Limited ('Corporate Debtor') against order dated 10th July, 2019 passed by the Adjudicating Authority (National Company .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d dated 19th July, 2019, which reads as follows: - "SETTLEMENT DEED This Agreement is made at Ghaziabad on 19th of July 2019 By And Between M/S. Gaursons Sportswood Private Limited through its authorized signatory Smt. Veenu Singhal W/o Sh. Vineet Singhal having registered office at address at D-25, Vivek Vihar New Delhi-110092 and Corporate Office at Gaur Biz Park, Plot No.-1, Abhay Khand .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... First Party and it has been decided on 10.07.19 by Hon'ble NCLT. 2. Thereafter the parties discussed the issue & mutually settled it and the Second Party has agreed to withdraw the Complaint / Petition number (IB) - 1069 (PB) of 2018 from Hon'ble NCLT and agreed to continue with the booking of apartment no.1005 / Gaur Sportswood subject to the terms contained herein 3. That for this settlem .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... o ever. IN WITHESS WHEREOF the parties have put their respective hands on this Settlement Deed in the presence of following witnesses, after fully understanding the same which have read over and explained to them in vernacular. Sd/- Sd/- FIRST PARTY SECOND PARTY WITNESS:   Sd/- 1. Rajeev Yadav S/o Sh. M.S. Yadav   Sd/- 2. Suveer Dhyani" 4. Mr. Kundan Kumar Raj, Couns .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... al' has already been paid. 7. In the result, order (s) passed by Ld. Adjudicating Authority appointing 'Interim Resolution Professional', declaring moratorium and all other order (s) passed by Adjudicating Authority pursuant to impugned order and action taken by the 'Resolution Professional' are set aside. The application preferred by the Respondent under Section 7 of the I&B Code is disposed of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates