(1.) The Company Petition bearing CP.No.236/241/HDB/2017 is filed by Vajrapu Anuram t another (Peitioners) , on 18.10.2017 on oppression and mismanagement of the Respondents, under Section 241 8t 242 of the Companies Act, 2013, by seeking the following reliefs:
(2.) The case came up for hearing on 27.10.2017. Heard Sri Y. Suryanarayana, learned counsel for the Respondents and Sri. V.Satyanarayana, Chartered Accountant, represented on behalf of the Petitioners. The Chartered Accountant submits that the Company Petition is not filed in proper format and permit the Petitioners to withdraw and file a fresh petition duly complying all the extant rules of NCLT.
(3.) Sri. Y.Suryanarayana representing all the Respondents states that he has no objection for withdrawal of the Petition by the Petitioners.