The case pertains to CP(IB) No. 32/Chd/Pb/2021 filed under Section 9 of the Insolvency & Bankruptcy Code, 2016. Bharat Rubber Works Pvt. Ltd. is the Petitioner-Operational Creditor, and ANG Life Sciences India Ltd. is the Respondent-Corporate Debtor. The petitioner, Bharat Rubber Works Pvt. Ltd., sought to withdraw the petition.
Bharat Rubber Works Pvt. Ltd., the Petitioner-Operational Creditor, filed CP(IB) No. 32/Chd/Pb/2021 against ANG Life Sciences India Ltd., the Respondent-Corporate Debtor, under Section 9 of the Insolvency & Bankruptcy Code, 2016. The petitioner, through its counsel Mrs. Shaveta Sanghi, expressed the intention to withdraw the petition. Mr. Subodh Sharma, counsel for the respondent-corporate debtor, stated no objection to the withdrawal. The court then dismissed the petition as withdrawn. The key fact is the petitioner's decision to withdraw the petition, which led to the dismissal of the case.
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The National Company Law…
The case pertains to CP(IB) No. 32/Chd/Pb/2021 filed under Section 9 of the Insolvency & Bankruptcy Code, 2016. Bharat Rubber Works Pvt. Ltd. is the Petitioner-Operational Creditor, and ANG Life Sciences India Ltd. is the Respondent-Corporate Debtor. The petitioner, Bharat Rubber Works Pvt. Ltd., sought to withdraw the petition.
Bharat Rubber Works Pvt. Ltd., the Petitioner-Operational Creditor, filed CP(IB) No. 32/Chd/Pb/2021 against ANG Life Sciences India Ltd., the Respondent-Corporate Debtor, under Section 9 of the Insolvency & Bankruptcy Code, 2016. The petitioner, through its counsel Mrs. Shaveta Sanghi, expressed the intention to withdraw the petition. Mr. Subodh Sharma, counsel for the respondent-corporate debtor, stated no objection to the withdrawal. The court then dismissed the petition as withdrawn. The key fact is the petitioner's decision to withdraw the petition, which led to the dismissal of the case.
The National Company Law…