The case involves M/s. Prism Johnson Limited [RMC (INDIA) Division] as the operational creditor and M/s. Dattatreya Constructions Private Limited as the corporate debtor. The matter was listed before the National Company Law Tribunal (NCLT), Kolkata Bench.
M/s. Prism Johnson Limited [RMC (INDIA) Division] filed a Company Petition (CP (IB) No. 1599/KB/2018) against M/s. Dattatreya Constructions Private Limited under Section 9 of the IBC. During the hearing on February 19, 2019, the counsel for the operational creditor, M/s. Prism Johnson Limited, stated that the matter had been settled outside the Tribunal. Therefore, the operational creditor sought permission to withdraw the application. The relevance of the settlement is that it led to the withdrawal of the case from the NCLT.
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Hearing held on February 19, 2019, at 10:30…
The case involves M/s. Prism Johnson Limited [RMC (INDIA) Division] as the operational creditor and M/s. Dattatreya Constructions Private Limited as the corporate debtor. The matter was listed before the National Company Law Tribunal (NCLT), Kolkata Bench.
M/s. Prism Johnson Limited [RMC (INDIA) Division] filed a Company Petition (CP (IB) No. 1599/KB/2018) against M/s. Dattatreya Constructions Private Limited under Section 9 of the IBC. During the hearing on February 19, 2019, the counsel for the operational creditor, M/s. Prism Johnson Limited, stated that the matter had been settled outside the Tribunal. Therefore, the operational creditor sought permission to withdraw the application. The relevance of the settlement is that it led to the withdrawal of the case from the NCLT.
Hearing held on February 19, 2019, at 10:30…