The case involves an application under Section 9 of the Insolvency and Bankruptcy Code (IBC). A full and final settlement agreement was executed between the parties, and a copy was placed on record. The applicant sought to withdraw the application with the liberty to revive it in case of breach of any terms of the settlement.
A full and final settlement agreement was executed between M/s Unique Concepts (Applicant) and M/s Agarwal Associates Promoters Ltd (Respondent) on 2019-06-24. The applicant sought to withdraw the application filed under Section 9 of the IBC, with the liberty to revive it if the settlement terms are breached. The court placed the settlement agreement on record and considered the applicant's request.
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A full and final…
The court allowed the withdrawal of the…
The case involves an application under Section 9 of the Insolvency and Bankruptcy Code (IBC). A full and final settlement agreement was executed between the parties, and a copy was placed on record. The applicant sought to withdraw the application with the liberty to revive it in case of breach of any terms of the settlement.
A full and final settlement agreement was executed between M/s Unique Concepts (Applicant) and M/s Agarwal Associates Promoters Ltd (Respondent) on 2019-06-24. The applicant sought to withdraw the application filed under Section 9 of the IBC, with the liberty to revive it if the settlement terms are breached. The court placed the settlement agreement on record and considered the applicant's request.
A full and final…
The court allowed the withdrawal of the…