THE HON’BLE SRI JUSTICE B.SESHASAYANA REDDY Company Petition No.25 of 2011 ORDER: A joint memo has been filed stating that the disputes between the parties have been settled and in pursuance of the settlement of the disputes, the respondent-company paid an amount of Rs.3,00,000/- through D.D.No.192670 dated 07.07.2011 and agreed to pay the balance amount of Rs.12,00,000/- in four equal monthly instalments. In view of the joint memo, the learned counsel appearing for the petitioner seeks permission to withdraw the Company Petition. Permission as sought for is accorded. Accordingly, the Company Petition is dismissed as withdrawn reserving liberty to the petitioner to move a fresh application in the event of amounts as indicated in para 3 of the joint memo have not been paid. No order as to costs. _____________________ B.SESHASAYANA REDDY, J Dt.22nd July, 2011 PNV