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Krishna Enterprises (Housing and Infrastructures) India Private Limited v. Knight Frank (India) Private Limited

Leave granted.

(Ranjan Gogoi, Navin Sinha and K.M. Joseph, JJ.)

Krishna Enterprises (Housing and Infrastructures) India Private Limited _________________________________________________ Appellant;

v.

Knight Frank (India) Private Limited __________________ Respondent.

Civil Appeal No(s). 9212 of 2018 [Arising out of SLP(C) No. 24108/2018], decided on September 10, 2018

The Order of the court was delivered by

Order

1. Leave granted.

2. Heard learned counsels for the parties and perused the relevant material.

3. After admission of the insolvency petition by the National Company Law Tribunal (for short, ‘the Tribunal’), parties have settled the matter by agreement dated 23.08.2018. The said agreement is taken on record.

4. In view of the settlement, exercising our powers under Article 142 of the Constitution, we set aside the impugned order dated 07.08.2018 passed by the Tribunal in C.P. (IB) No. 25/BB/2017 and dispose of the appeal in the above terms.

5. Parties to abide by the settlement terms as set out in the said agreement.

Petition(s) for Special Leave to Appeal (C) No(s). 24108/2018

Krishna Enterprises (Housing and Infrastructures) India Private Limited ___________________________________________________ Petitioner

v.

Knight Frank (India) Private Limited ___________________ Respondent

(FOR ADMISSION and I.R. and IA No. 126453/2018-PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS )

Date : 10-09-2018 This matter was called on for hearing today.

(Before Ranjan Gogoi, Navin Sinha and K.M. Joseph, JJ.)

For Petitioner(s) Mr. Saurabh Kalia, Adv.

Mr. Sameer Chaudhary, Adv.

Mr. Rahul Ahuja, Adv.

Mr. Vikas Mehta, AOR

For Respondent(s) Mr. Ashish Prasad, Adv.

Mr. Sanyam Saxena, Adv.

Mr. Avinash Tripathi, Adv.

Mr. M. P. Devanath, AOR

UPON hearing the counsel the Court made the following

ORDER

6. Leave granted.

7. The appeal is disposed of in terms of the signed order.

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

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