TMI Blog2013 (2) TMI 419X X X X Extracts X X X X X X X X Extracts X X X X ..... rms of the memo/joint memo, the petition was closed. The post dated cheques came to be dishonoured. Hence, it is a fit case to allow the petition & respondent company is ordered to be wound up - petitioner directed to communicate the order to the ROC within a period of 15 days from the date of receipt of copy of this order. The Official Liquidator is appointed - petitioner is directed to deposi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ngalore. 3. The petitioner company is carrying on the business of making labels etc., as per customers' specification. It is the case of the petitioner that petitioner has delivered to respondent the goods worth Rs. 1045,671 in response to the request made on behalf of the respondent. The goods have been accepted but the value has not been paid to the petitioner. The details of the transaction a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... reed to pay remaining amount of Rs. 6,15,671 on 15-7-2010 towards full and final settlement. Further on the basis of memo filed on behalf of the respondent on 26.5.2010 wherein both the petitioner and respondent agreed to settle the dispute and in terms of the same, the respondent had issued cheque for Rs. 3 lakhs vide cheque No.685247 dated 30-6-2010 and another cheque for Rs.3,50,000 through che ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... along with the acknowledgement for having sent (sic) the memo for retirement. In view of the circumstances narrated hereinabove, the memo for retirement is not accepted and it is rejected. 8. I have heard the learned counsel for the petitioner. I have gone through the papers and the previous orders passed by this Court. It is found from the order sheet that the respondent himself has admitted th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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