The case pertains to an application under Section 9 of the Insolvency and Bankruptcy Code (IBC). The applicant, Super Developers, filed an insolvency application against the respondent, BR Goyal Infrastructure Ltd. The counsels representing both parties informed the court that they have amicably settled the matter and the applicant wishes to withdraw the insolvency application.
Super Developers filed an insolvency application against BR Goyal Infrastructure Ltd. under Section 9 of the IBC. During the proceedings, the counsels for both parties informed the court that the parties had reached an amicable settlement. The applicant's counsel, Ms. Vaibhavi Parikh, stated that she was instructed and authorized to file a pursis for withdrawal of the insolvency application. The pursis, dated 2021-10-13, was placed on record. Mr. Vijayesh Atre, the counsel for the Corporate Debtor, confirmed the settlement. The court, considering the submissions, allowed the withdrawal of the insolvency application.
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The applicant filed a…
The court delivered the…
The case pertains to an application under Section 9 of the Insolvency and Bankruptcy Code (IBC). The applicant, Super Developers, filed an insolvency application against the respondent, BR Goyal Infrastructure Ltd. The counsels representing both parties informed the court that they have amicably settled the matter and the applicant wishes to withdraw the insolvency application.
Super Developers filed an insolvency application against BR Goyal Infrastructure Ltd. under Section 9 of the IBC. During the proceedings, the counsels for both parties informed the court that the parties had reached an amicable settlement. The applicant's counsel, Ms. Vaibhavi Parikh, stated that she was instructed and authorized to file a pursis for withdrawal of the insolvency application. The pursis, dated 2021-10-13, was placed on record. Mr. Vijayesh Atre, the counsel for the Corporate Debtor, confirmed the settlement. The court, considering the submissions, allowed the withdrawal of the insolvency application.
The applicant filed a…
The court delivered the…