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Ajay Knitwears and Fabrics Private Limited v. Mahavir Traders

Heard learned counsel for the parties.

(Adarsh Kumar Goel and Navin Sinha, JJ.)

Ajay Knitwears and Fabrics Private Limited ___________ Petitioner;

v.

Mahavir Traders _________________________________ Respondent.

Petition(s) for Special Leave to Appeal (C) No(s). 9553/2018, decided on April 23, 2018

(For Admission and I.R. and IA No. 52932/2018-Permission to File Additional Documents)

Petition(s) for Special Leave to Appeal (C) No(s). 9553/2018; CPIB No. 126/2017; and IA No. 52932/2018

The Order of the court was delivered by

Order

1. Heard learned counsel for the parties.

2. Though we find that the order passed by the National Company Law Appellate Tribunal is correct, yet we think it is a fit case to exercise power under Article 142 of the Constitution and accept the settlement that has been entered into between the parties. As we are accepting the settlement, the proceeding pending before the National Company Law Tribunal, stands disposed of.

3. The special leave petition is, accordingly, disposed of.

4. Pending application(s), if any, shall also stand disposed of.

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