# In the matter of Arena Superstructure Pvt. Ltd. (IB)-827(PB)-2019

> NCLT judgment dated 2020-11-20. Citation: TCN-2020-NCLT-00230. The case pertains to a withdrawal application filed by the applicant under (IB)-827(PB)/2019.…

- **Court:** NCLT
- **Order date:** 20 Nov 2020
- **Citation:** TCN-2020-NCLT-00230
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/arena-superstructure-pvt-ltd-ib-827pb-2019-9975a04f

## Summary

### Background

The case pertains to a withdrawal application filed by the applicant under (IB)-827(PB)/2019. The order addresses the withdrawal of the application.

## Facts

Ms. Shriya Mittal & Ms. Shalini Mittal filed a withdrawal application under (IB)-827(PB)/2019. The application was related to a case against Arena Superstructure Pvt. Ltd. The court dismissed the withdrawal application as withdrawn and allowed IA-4733/2020, closing any other pending applications. The order was delivered on 20.11.2020.

## Issues and analysis

### Issue 1: Whether the withdrawal application filed …

**Ratio:** The legal principle applied is that the court has the discretion to allow or dismiss a

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**Reasoning:** The court reasoned that the withdrawal application should be dismissed as withdrawn,

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**Interpretation:** The interpretation is that the applicant no longer wished to pursue the

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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:** SH. B.S.V.…; Sh. Hemant Kumar…
- **Appellants:** Shriya M…
- **Respondents:** Arena Superstructu…

## Timeline

- **2020-11-20 — Order Del…**: Order delivered on 20.11.2020, dismissing the withdrawal application as withdrawn and…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 7 — Initiation of corporate insolvency resolution…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-7)

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