The case pertains to CP(IB) No. 177/9/NCLT/AHM/2018 before the Ahmedabad Bench of the National Company Law Tribunal (NCLT). The Operational Creditor/Petitioner filed an IB petition under Section 9 of the Insolvency and Bankruptcy Code against Neo Corp International Ltd. The petitioner sought to withdraw the IB petition.
The Operational Creditor/Petitioner, represented by Learned PCS, initiated an IB petition against Neo Corp International Ltd. The petitioner then filed a pursis requesting withdrawal of the IB petition, citing an out-of-court settlement. The Operational Creditor/Petitioner received Rs. 3,50,000/- as full and final settlement of the debt. The court noted the settlement and the petitioner's request for withdrawal.
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CP(IB) No. 177/9/NCLT/AH…
The Ahmedabad Bench of the National Company Law…
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The case pertains to CP(IB) No. 177/9/NCLT/AHM/2018 before the Ahmedabad Bench of the National Company Law Tribunal (NCLT). The Operational Creditor/Petitioner filed an IB petition under Section 9 of the Insolvency and Bankruptcy Code against Neo Corp International Ltd. The petitioner sought to withdraw the IB petition.
The Operational Creditor/Petitioner, represented by Learned PCS, initiated an IB petition against Neo Corp International Ltd. The petitioner then filed a pursis requesting withdrawal of the IB petition, citing an out-of-court settlement. The Operational Creditor/Petitioner received Rs. 3,50,000/- as full and final settlement of the debt. The court noted the settlement and the petitioner's request for withdrawal.
CP(IB) No. 177/9/NCLT/AH…
The Ahmedabad Bench of the National Company Law…
Sign in to view related legal provisions.