DSC LIMITED Vs. DADA JEETU BUILDCON PVT. LTD.

JUDGEMENT

(1.) Delay condoned.

(2.) M/s Dada Jeetu Buildcon Private Limited, a company incorporated under the provisions of the Companies Act, 1956 and presently having its office at Shyam Lal Market, Hisar Road, Rohtak, hereinafter referred to as 'DJ', which expression shall, unless repugnant to the context, include its administrators, successors, executors and assigns, of the OTHER PART represented by its Director Sh. Raivir Singh WHEREAS

(3.) That while 'DSC' has already deposited an amount of Rs.18.75 lakhs with the Hon'ble Supreme Court, the balance amount of Rs. 49.25 lakhs out of the above mentioned settlement amount of Rs. 68.00 lakhs (Rupees sixty eight lakhs only) shall be paid in seven installments by way of Demand Drafts on 10th of each month commencing from 10.12.2019 and ending on 10.06.2020. The first six Demand Drafts shall of an amount of Rs. 7 lacs each and the seventh Demand Draft shall be of an amount of Rs. 7.25 lacs.