ComanyPet8/06 [1] IN THE HIGH COURT OF JUDICATURE FOR RAJASTHAN AT JAIPUR BENCH S.B. CIVIL COMPANY PETITION NO.8/06 Phool Chand Bhagat Singh Vs. M/s. Multimetals Ltd. DATE OF ORDER : 01/02/2008 HON'BLE MR. JUSTICE AJAY RASTOGI Mr. Alok Sharma, for petitioner Mr. Rajendra K. Salecha, for respondent *** Instant petition for winding up has been filed by petitioner u/ss.433(e), 434 & 439 of Companies Act, 1956. During the course of arguments, counsel for respondent has agreed to make payment to the extent of Rs.12,00,000/- to the counsel for petitioner. In view of the said offer made by counsel for respondent, Mr. Alok Sharma appearing for petitioner, does not want to press this petition reserving his right to avail other civil remedy available to him under law, which has not been opposed by the respondent reserving their right that it will not prejudice the right of the respondent as well available to them in their defence. In view of offer made by respondent, this court directs the respondent to make payment of Rs.12,00,000/- to the petitioner on or before 15th February, 2008. If respondent fails to make payment as per agreed terms, counsel for petitioner will be at liberty to file application for revival of petition. ComanyPet8/06 [2] In view of aforesaid terms, counsel for petitioner does not want to press the present petition, the same stands dismissed as not pressed. Interim order passed by this court dated 20th October, 2006 stands vacated. [AJAY RASTOGI],J. FRBOHRA,JR.P.A.8ComPet2006 1-2.doc