Bhupesh Gupta Ex Liquidator Supreme Tex ... vs Mr Ravinder Kumar Goel Liquidator on 30 May
other instruments of like
nature in respect of the total or partial
satisfaction of any security favouring us.
9. To make, sign or execute ... mortgages,
charges or security in our favour.
11. To settle, compromise, discharge,
compound or arrange or submit to
arbitration all accounts, debts, losses and
claims
recorded the `Memorandum of
Compromise'. As such, the `Debt Sum' is crystalised, based on the
`Memorandum of Compromise'. However, the interests component ... that with the payment of the amount, claimed by the
Respondent, is partially due from another Company, by the name `Uniply
Décor Limited
recorded the `Memorandum of
Compromise'. As such, the `Debt Sum' is crystalised, based on the
`Memorandum of Compromise'. However, the interests component ... that with the payment of the amount, claimed by the
Respondent, is partially due from another Company, by the name `Uniply
Décor Limited
claiming that the scheme was
rejected in entirety on the ground of compromise with the very foundation
thereof. The purported scheme was unreasoned, unfair ... partial reversal of the judgment of this
Tribunal and there cannot be an order holding the scheme partially as illegal and
partially enforceable when
make such modifications in the compromise or arrangement as it
may consider necessary for the proper implementation of the compromise or
arrangement ... well as IT department have given no objections for the
partial acceptance of the scheme.
16. In the aforesaid circumstances, while setting aside the impugned
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