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varun   28 August 2018

Arrived at settlement but hearing date is too long

We had filed a suit in NCLT regarding dispute between two partners in a private limited company .Now we are arrived at a settlement . but the hearing date is after 50 days is it possible to submit the settlement and end the case  before the hearing date when both parties are ok.


 1 Replies

Rashi Chandok   28 February 2019

Dear Sir, 

The answer to your question, according to my experience is yes you can write an application stating the matters on which settlement took place between you and your partner. Further, you may submit the application in the court and clear the status between the two parties to the Hon'ble Court of Justice. However, if the court thinks that any issue has been unanswered or left unsettled then the case cannot be closed until there is clarity to all the issues mentioned in the suit.

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