The Appellant offered to withdraw the appeal, stating a desire to settle the dispute with the Respondent (Operational Creditor). The Respondent's counsel indicated that the Respondent was not opposed to reaching a settlement.
The Appellant, Rahul Goel, filed an appeal before the NCLAT. During the proceedings, the Appellant's counsel expressed a desire to withdraw the appeal to facilitate settlement negotiations with the Respondent, Avneet Goyal & Ors., who is the Operational Creditor. The Respondent's counsel indicated a willingness to engage in settlement discussions. The court, considering the parties' intent to settle, dismissed the appeal as withdrawn and granted the Appellant the liberty to approach the Respondent for negotiations. Additionally, I.A. No. 3862 of 2019, seeking exemption from filing a certified copy of the impugned order, was disposed of with a direction to the Appellant to file the certified copy within a week.
Sign in to view the parties.
The court dismissed the appeal as withdrawn,…
Sign in to view related legal provisions.
The Appellant offered to withdraw the appeal, stating a desire to settle the dispute with the Respondent (Operational Creditor). The Respondent's counsel indicated that the Respondent was not opposed to reaching a settlement.
The Appellant, Rahul Goel, filed an appeal before the NCLAT. During the proceedings, the Appellant's counsel expressed a desire to withdraw the appeal to facilitate settlement negotiations with the Respondent, Avneet Goyal & Ors., who is the Operational Creditor. The Respondent's counsel indicated a willingness to engage in settlement discussions. The court, considering the parties' intent to settle, dismissed the appeal as withdrawn and granted the Appellant the liberty to approach the Respondent for negotiations. Additionally, I.A. No. 3862 of 2019, seeking exemption from filing a certified copy of the impugned order, was disposed of with a direction to the Appellant to file the certified copy within a week.
The court dismissed the appeal as withdrawn,…
Sign in to view related legal provisions.