(Rohinton Fali Nariman and Navin Sinha, JJ.)
Gaurav Saran and Another ________________________ Appellant(s);
v.
Lakshmi Steels and Another ______________________ Respondent(s).
Civil Appeal No. 1272 of 2018 [Arising out of S.L.P. (C) No. 3172 of 2018) (D. No. 415 of 2018], decided on January 25, 2018
The Order of the court was delivered by
Order
1. Permission to file Special Leave Petition is granted.
2. Heard learned Counsel appearing for the appellants.
3. Leave granted.
4. A Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 has been admitted by the National Company Law Tribunal, New Delhi on 27.09.2017. Since that date, by way of a Memorandum of Understanding dated 16.12.2017, the matter has been settled between the parties.
5. A copy of the Memorandum of Understanding dated 16.12.2017 executed between the parties is made part of the record of this Court, and by using our powers under Article 142 of the Constitution of India, we set aside the impugned order dated 27.09.2017 passed by the National Company Law Tribunal.
6. Accordingly, the appeal is disposed of.
7. Pending applications filed in the matter also stand disposed of.
SPECIAL LEAVE PETITION (CIVIL) Diary No(s). 415/2018
Gaurav Saran & Anr _________________________________ Petitioner
v.
M/s. Lakshmi Steels Through its Proprietor Anil Sharma & Anr ______________________________________________ Respondent(s)
(FOR ADMISSION and I.R. and IA No. 8771/2018-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT and IA No. 8772/2018-EXEMPTION FROM FILING O.T. and IA No. 8787/2018-INTERVENTION/IMPLEADMENT and IA No. 8764/2018-PERMISSION TO FILE SLP and IA No. 8767/2018 -PERMISSION TO FILE ADDITIONAL DOCUMENTS)
Date : 25-01-2018 This petition was called on for hearing today.
(Before Rohinton Fali Nariman and Navin Sinha, JJ.)
For Petitioner(s) Mr. Sandeep Bajaj, Adv.
Aakanksha Nehra, Adv.
Mr. Rabin Majumder, AOR
For Respondent(s) Mr. S. Qureshi, Adv.
Mr. Naman Tandon, Adv.
Mr. D. K. Devesh, AOR
Mr. Anurag Kishore, Adv.
Mr. Anurag Sharma, Adv.
UPON hearing the counsel the Court made the following
ORDER
8. Permission to file Special Leave Petition is granted.
9. Leave granted.
10. The appeal is disposed of in terms of the signed order.
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