# In the matter of Sagar Sharma and Anr. vs. The Insolvency and Bankruptcy Board of India

> HC judgment dated 2025-04-03. Citation: TCN-2025-HC-00023. This is a writ petition (lodging) no. 7585 of 2025 filed in the High Court of Judicature at Bombay.…

- **Court:** HC
- **Order date:** 3 Apr 2025
- **Citation:** TCN-2025-HC-00023
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/high-courts-new-delhi/sagar-sharma-and-anr-vs-the-insolvency-and-bankruptcy-board-of-india-5507b35a

## Summary

### Background

This is a writ petition (lodging) no. 7585 of 2025 filed in the High Court of Judicature at Bombay. The petitioners sought to withdraw the writ petition to make a representation to the first respondent regarding grievances.

## Facts

Sagar Sharma and Anr. filed a writ petition against The Insolvency and Bankruptcy Board of India & Ors. The petitioners sought leave to withdraw the writ petition to make a representation to the first respondent regarding grievances. The court permitted the withdrawal, keeping all contentions open.

## Issues and analysis

### Issue 1: Whether the petitioners should be granted leave to withdraw the writ petition to make a …

**Ratio:** A party has the right to withdraw a petition, especially when intending to pursue

…

**Reasoning:** The court allowed the withdrawal because the petitioners expressed a desire to first make

…

**Interpretation:** This aligns with principles of allowing parties to explore alternative dispute

…

**Application:** The court applied this principle by permitting the withdrawal, allowing the

…

## Parties

- **Judges:** ATUL S. CHA…; M.M. SA…
- **Appellants:** Sagar S…
- **Respondents:** The Insolvency…
- **Other parties:** Kohi…

## Timeline

- **2025-04-03 — Order Da…**: The court permitted the writ petition to be withdrawn with liberty to the petitioners,…

---

This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/high-courts-new-delhi/sagar-sharma-and-anr-vs-the-insolvency-and-bankruptcy-board-of-india-5507b35a