The case involves an application before the National Company Law Tribunal (NCLT), New Delhi, Court-V. The applicant, Sawarmal Tiwai, sought to withdraw the application. The respondent is Aimtech Infra Limited. The application was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC).
Sawarmal Tiwai, the applicant, filed an application against Aimtech Infra Limited, the respondent, under Section 9 of the IBC. During the hearing, the applicant's counsel sought permission to withdraw the application with the liberty to file a fresh application before the appropriate competent court or authority. The court heard the counsel and allowed the withdrawal, dismissing the Company Petition No. IB-633/ND/2020 as withdrawn. The petitioner retains the right to file a new application before the appropriate authority.
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The order was delivered, dismissing the…
The case involves an application before the National Company Law Tribunal (NCLT), New Delhi, Court-V. The applicant, Sawarmal Tiwai, sought to withdraw the application. The respondent is Aimtech Infra Limited. The application was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC).
Sawarmal Tiwai, the applicant, filed an application against Aimtech Infra Limited, the respondent, under Section 9 of the IBC. During the hearing, the applicant's counsel sought permission to withdraw the application with the liberty to file a fresh application before the appropriate competent court or authority. The court heard the counsel and allowed the withdrawal, dismissing the Company Petition No. IB-633/ND/2020 as withdrawn. The petitioner retains the right to file a new application before the appropriate authority.
The order was delivered, dismissing the…