Citation : 2022 Latest Caselaw 3845 Tel
Judgement Date : 22 July, 2022
THE HONOURABLE SRI JUSTICE A.SANTHOSH REDDY
CRL.P.No.650 OF 2015
ORDER:
Heard learned counsel for the petitioners and learned counsel
for the second respondent. Perused the record.
2. Learned counsel for the petitioners has filed a memo stating
the parties herein have preferred Civil Appeal Nos.2776, 2777 and
2778 of 2022 before the Hon'ble Supreme Court against the
judgment dated 17.11.2017 passed by this court in Company
Appeal No.14 of 2016, wherein the appeal filed by respondent
Nos.1 to 3 therein against the order dated 30.05.2006 passed by the
Company Law Board was allowed, and by judgment dated
06.04.2022, the Hon'ble Supreme Court has disposed of the
appeals. It is further stated in the memo that the parties undertook
before the Hon'ble Supreme Court that they will not initiate any
further civil or criminal proceedings against each other.
3. It is submitted by learned counsel for the petitioners that
in view of the undertaking given by the parties before the
Hon'ble Apex, this matter may be closed.
4. In view of the undertaking recorded by the Hon'ble Apex
Court at paragraph 47(6) of the judgment that to put a quietus
to the entire litigation between them, the parties would not like
to initiate any further civil or criminal proceedings against each
other, this criminal petition is allowed. The proceedings against
the petitioners/A-2, 3, 5 & 6 in C.C.No.1 of 2015, on the file of the
VIII Metropolitan Sessions Judge-cum-Special Judge for
Economic Offences at Hyderabad, are hereby quashed.
5. Pending miscellaneous petitions, if any, stand closed.
_______________________ A.SANTHOSH REDDY, J 22.07.2022 Lrkm
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