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Mothers Pride Dairy India Private Limited v. Portrait Advertising and Marketing Private Limited

Heard Mr. Mukul Rohatgi, learned senior counsel for the appellant and Mr. Archit Upadhyay, learned counsel for the respondent.

(Dipak Misra and A.M. Khanwilkar, JJ.)

Mothers Pride Dairy India Private Limited ________________ Appellant

v.

Portrait Advertising and Marketing Private Limited _______ Respondent

Civil Appeal No. 9286 of 2017, decided on July 28, 2017

The Order of the court was delivered by

Order

1. Heard Mr. Mukul Rohatgi, learned senior counsel for the appellant and Mr. Archit Upadhyay, learned counsel for the respondent.

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 appeal is disposed of accordingly. There shall be no order as to costs.

Civil Appeal No. 9286/2017

Mothers Pride Dairy India Private Ltd ___________________ Appellant

v.

Portrait Advertising And Marketing Private Ltd __________ Respondent

(With appln.(s) for ex-parte stay and permission to file additional documents)

Date : 28-07-2017 This appeal was called on for hearing today.

(Before Dipak Misra and A.M. Khanwilkar, JJ.)

For Appellant(s) Mr. Mukul Rohatgi, Sr. Adv.

Mr. Deppak Biswas, Adv.

Ms. Sonam Gupta, AOR

For Respondent(s) Mr. Archit Upadhyay, Adv.

UPON hearing the counsel the Court made the following

ORDER

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

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