The case involves an application MA/159/19 in CP/672/IB/2018 before the National Company Law Tribunal (NCLT), Chennai Bench. The application was filed in relation to a Corporate Insolvency Resolution Process (CIRP) under Section 66 of the Insolvency and Bankruptcy Code (IBC).
The key facts are that an application, MA/159/19, was filed in connection with CP/672/IB/2018 before the NCLT Chennai. The petitioner is S. Rajendran-RP [Arohi Infrastructure (P)]. The respondent is MARG LTD. & 40 others. The application was filed under Section 66 of the IBC. The Operational Creditor's counsel filed a withdrawal memo. Consequently, the NCLT dismissed the application MA/159/2019 as withdrawn. The relevance of these facts lies in the procedural aspect of the case, where a withdrawal by the applicant led to the dismissal of the application.
Sign in to view the parties.
CP/672/18/20…
Hearing held a…
The case involves an application MA/159/19 in CP/672/IB/2018 before the National Company Law Tribunal (NCLT), Chennai Bench. The application was filed in relation to a Corporate Insolvency Resolution Process (CIRP) under Section 66 of the Insolvency and Bankruptcy Code (IBC).
The key facts are that an application, MA/159/19, was filed in connection with CP/672/IB/2018 before the NCLT Chennai. The petitioner is S. Rajendran-RP [Arohi Infrastructure (P)]. The respondent is MARG LTD. & 40 others. The application was filed under Section 66 of the IBC. The Operational Creditor's counsel filed a withdrawal memo. Consequently, the NCLT dismissed the application MA/159/2019 as withdrawn. The relevance of these facts lies in the procedural aspect of the case, where a withdrawal by the applicant led to the dismissal of the application.
CP/672/18/20…
Hearing held a…