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2019 (8) TMI 13 - AT - Companies LawCompromise - release of properties - HELD THAT:- Respondent No.2 appears to have done what was in his capacity. Considering the observations of Learned NCLT in Order dated 13.7.2017 based on letter of the Bank and considering reasons recorded in impugned order we agree with NCLT. Thus basically the company petition was dismissed as withdrawn because of the compromise and if that is kept in view it was not an order which required execution as such. Still the Learned NCLT tried to help the appellant, in interest of justice and passed orders dated 13.7.2017. Finding recorded therein with regard to Respondent doing needful was not challenged. The final impugned order could naturally not be different. Appeal dismissed.
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