Comapany Law
SUVIGYASAXENA
(Querist) 02 April 2010
This query is : Resolved
Case related to Section 111A of Companies Act 1956 for illegal transfer of shares. Complainant filed the case with CMM U/s 406 420 and petetion with CLB. Now complainant agree to withdraw the proceedings what kind of draft should be required?
Raj Kumar Makkad
(Expert) 02 April 2010
No specific draft is required for the withdrawal of such cases rather complainant has to get hostile during his evidence.
O. Mahalakshmi
(Expert) 08 April 2010
File a joint memo by both the parties to withdraw the case.