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TMI Blog2019 (8) TMI 1736X X X X Extracts X X X X X X X X Extracts X X X X ..... this Bench is of the view that the Petition be disposed of as settled amongst the parties with the liberty that in case of any default matter be reported to this Bench. This Petition is disposed of as settled with a liberty that in case of defiance on the part of the Respondent/debtor the matter can be reported to this Bench. - C.P.(IB)-389-(MB)/2019 - - - Dated:- 29-8-2019 - SHRI M. K. SHR ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly, pay an amount of INR 30,00,000/- (Rupees Thirty Lacs Only) to the First Party immediately upon signing of this Deed of Settlement; 3.2 The Second Party shall, directly or indirectly, pay an amount of INR 1,00,00,000/- (Rupees One Crore Only) to the First Party on or before October 31, 2019; 3.3 The Second Party shall, directly or indirectly, pay an amount of INR 2,20,00,000/- (Rupe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... yments by the Second Party in a manner provided for in clause 3.3.1, the First Party shall waive the payment of the balance amount of INR 27,49,599. 4. In view of the above, this Petition is disposed of as settled with a liberty that in case of defiance on the part of the Respondent/debtor the matter can be reported to this Bench. To be consigned to records. - - TaxTMI - TMITax - Insolve ..... X X X X Extracts X X X X X X X X Extracts X X X X
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