(Rohinton Fali Nariman and Navin Sinha, JJ.)
Pearson Drums and Barrels (P) Ltd. ___________________ Appellant;
v.
Maldar Barrels (P) Ltd. _____________________________ Respondent.
Civil Appeal No. 778 of 2018 [Arising out of S.L.P. (C) No. 1502 of 2018], decided on January 22, 2018
The Order of the court was delivered by
Order
1. Leave granted.
2. Heard learned Counsel appearing for the parties.
3. The present appeal arises out of an operational debt. The National Company Law Tribunal, Kolkata Bench, Kolkata, on 09.01.2018, has admitted the petition and we are informed that by an order passed on 12.01.2018 has corrected some errors that have crept in.
4. However, the matter now stands settled. We take a copy of the Settlement Agreement dated 11.01.2018 entered into between the parties on record and by using our powers under Article 142 of the Constitution of India set aside the order(s) passed by the National Company Law Tribunal.
5. Accordingly, the appeal is disposed of.
Petition(s) for Special Leave to Appeal (C) No(s). 1502/2018
Pearson Drums and Barrels (P) Ltd ______________________ Petitioner
v.
Maldar Barrels (P) Ltd _____________________________ Respondent
Date : 22-01-2018 This petition was called on for hearing today.
(Before Rohinton Fali Nariman and Navin Sinha, JJ.)
For Petitioner(s) Mr. Abhishek Bharti, Adv.
Mr. Balaji Srinivasan, AOR
Arunava Mukherjee, Adv.
Ms. Vaishnavi Subramanium, Adv.
Ms. Pratiksha Mishra, Adv.
For Respondent(s) Mr. Tishampati Sen, 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.
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