# In the matter of DCW Ltd. C.P. (IB) No. 116-9-NCLT-AHM-2019

> NCLT judgment dated 2019-04-09. Citation: TCN-2019-NCLT-03999. The case pertains to C.P. (I.B) No. 116/9/NCLT/AHM/2019 before the Ahmedabad Bench of the…

- **Court:** NCLT
- **Order date:** 9 Apr 2019
- **Citation:** TCN-2019-NCLT-03999
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/dcw-ltd-cp-ib-no-116-9-nclt-ahm-2019-1298be20

## Summary

### Background

The case pertains to C.P. (I.B) No. 116/9/NCLT/AHM/2019 before the Ahmedabad Bench of the National Company Law Tribunal. The petitioner sought to withdraw the instant petition.

## Facts

The case involves Coromandel Engineering Company Ltd. as the petitioner against DCW Ltd. The petitioner, represented by their learned counsel, sought to withdraw the insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code. The court granted permission for the withdrawal, leading to the dismissal of the petition.

## Issues and analysis

### Issue 1: Whether the petitioner should be granted …

**Ratio:** The court has the discretion to allow the withdrawal of a petition if it deems fit,

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**Reasoning:** The court considered the petitioner's request to withdraw the petition and found no

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**Interpretation:** The interpretation involves understanding the court's power to allow withdrawal

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**Application:** In this case, the petitioner requested withdrawal, and the court, exercising

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## Parties

- **Judges:** Manorama…
- **Appellants:** VARUN K.…
- **Respondents:** Coromandel…; DCW…

## Timeline

- **2019-04-09 — Hearing of Ahmedabad…**: Hearing of the Ahmedabad Bench of the…
- **2019-04-09 — Order Da…**: Order issued dismissing…

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This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclt-chandigarh/dcw-ltd-cp-ib-no-116-9-nclt-ahm-2019-1298be20