The case pertains to a petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. M/s. Texpo International Limited filed the petition against Arihant Electro Transworld LLP. The petitioner sought permission to withdraw the petition.
M/s. Texpo International Limited, the applicant/petitioner, filed a petition under Section 9 of the IBC, 2016 against Arihant Electro Transworld LLP, the respondent. The petitioner, represented by its counsel Mr. Arpit Gupta, sought permission from the National Company Law Tribunal (NCLT) to withdraw the petition. The court heard the submissions and allowed the petitioner's request. As a result, the petition (IB)-669(ND)2020 was dismissed as withdrawn.
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The order was delivered…
The case pertains to a petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. M/s. Texpo International Limited filed the petition against Arihant Electro Transworld LLP. The petitioner sought permission to withdraw the petition.
M/s. Texpo International Limited, the applicant/petitioner, filed a petition under Section 9 of the IBC, 2016 against Arihant Electro Transworld LLP, the respondent. The petitioner, represented by its counsel Mr. Arpit Gupta, sought permission from the National Company Law Tribunal (NCLT) to withdraw the petition. The court heard the submissions and allowed the petitioner's request. As a result, the petition (IB)-669(ND)2020 was dismissed as withdrawn.
The order was delivered…