THE HON’BLE SRI JUSTICE B.SESHASAYANA REDDY Company Petition No.122 of 2011 (Dated : 24-11-2011) Between: Lafarge Aggregates & Concrete India Pvt. Ltd. ...Petitioner A n d Askon Constructions Pvt. Ltd. & Others ....Respondents THE HON’BLE SRI JUSTICE B.SESHASAYANA REDDY Company Petition No.122 of 2011 ORDER: This company petition has been taken out under Section 439(1) (b) of the Companies Act, 1956 by the petitioner seeking an order of winding up of ASKON CONSTRUCTIONS PRIVATE LIMITED (hereinafter referred to as “the respondent-company”). 2. Mr. Rajesh Hunsikatti, Authorised Signatory of the petitioner company representing LAFARGE AGGREGATES & CONCRETE INDIA PRIVATE LIMITED and Mr. Suresh Prasad Mishra, Director of the respondent-company are present before this Court and they are duly identified by their respective counsel in the company petition. 3. The parties entered into an agreement for settlement of disputes between them on certain terms. The consent terms have also been placed on record. 4. As per the consent terms, the respondent agreed to clear the liability of Rs.20,86,050/- in five instalments. The schedule of payment has also been indicated in para (3) of the consent terms. 5. In view of the consent terms, the Company Petition is dismissed reserving liberty to the petitioner to move an application for revival of the company petition in the event of the respondent not making the payment, as per the schedule indicated in the consent terms. The copy of the consent terms shall be annexed to this order. No costs. _____________________ B.SESHASAYANA REDDY, J Dt.24-11-2011 RAR