# In the matter of Aimtech Infra Limited IB-633-ND-2020

> NCLT judgment dated 2021-09-30. Citation: TCN-2021-NCLT-00937. The case involves an application before the National Company Law Tribunal (NCLT), New Delhi,…

- **Court:** NCLT
- **Order date:** 30 Sept 2021
- **Citation:** TCN-2021-NCLT-00937
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/aimtech-infra-limited-ib-633-nd-2020-b1c84896

## Summary

### Background

The case involves an application before the National Company Law Tribunal (NCLT), New Delhi, Court-V. The applicant is Sawarmal Tiwai, and the respondent is Aimtech Infra Limited. The application is filed under Section 9 of the Insolvency and Bankruptcy Code (IBC).

## Facts

Sawarmal Tiwai filed an application against Aimtech Infra Limited under Section 9 of the IBC before the NCLT, New Delhi. During the hearing, the petitioner's counsel requested permission to withdraw the application with the liberty to file a fresh application before the competent authority. The court allowed the withdrawal, dismissing the petition but granting the petitioner the right to file a new application.

## Issues and analysis

### Issue 1: Whether the petitioner should be granted permission to withdraw the application filed under Section …

**Ratio:** A party has the right to withdraw an application with the permission of the court,

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**Reasoning:** The court considered the request of the petitioner's counsel to withdraw the application,

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**Interpretation:** The interpretation is based on the procedural aspect of allowing a party to

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**Application:** The ratio and reasoning were applied to the specific facts of the case, where

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## Parties

- **Judges:** ABNI RANJAN KUMAR…; K.K. V…
- **Appellants:** Sawarmal…
- **Respondents:** Aimtech Infra…

## Timeline

- **2021-09-30 — Order Del…**: The order was delivered on September 30, 2021, dismissing the Company Petition No.…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 9 — Application for initiation of corporate insolvency…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-9)

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