It appears Dr.Pandey has given up his interest in XKEMq, other than back-pay and property requests. The court will likely move the company into Ch 7 bankruptcy shortly.
XKEM the stock, and company are about to be dumped. The founder is not interested in moving forward with any splintered group.
Finito.
Sometimes when a judge starts pulling his hair out it prompts the parties to come to a resolution. There's a postulate to any legal proceeding - I'll try and loosely render it here : whenever possible seek compromise w/ your adversary. The last thing you want is the judge to make your decisions for you.