The case involves a petition filed by Parvesh Magoo, a financial creditor, against DLF Limited, the corporate debtor, under Section 7 of the Insolvency and Bankruptcy Code, 2016. The petitioner sought to initiate insolvency proceedings against the corporate debtor. The order was delivered on June 13, 2019.
Parvesh Magoo, identified as the financial creditor, filed a petition against DLF Limited, the corporate debtor. The petition was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel sought to withdraw the petition, stating that the matter had been settled. The court permitted the withdrawal and dismissed the petition, granting the petitioner the liberty to file a fresh petition on the same cause of action if necessary. The order was delivered on June 13, 2019.
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The order was delivered on June 13, 2019,…
The case involves a petition filed by Parvesh Magoo, a financial creditor, against DLF Limited, the corporate debtor, under Section 7 of the Insolvency and Bankruptcy Code, 2016. The petitioner sought to initiate insolvency proceedings against the corporate debtor. The order was delivered on June 13, 2019.
Parvesh Magoo, identified as the financial creditor, filed a petition against DLF Limited, the corporate debtor. The petition was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel sought to withdraw the petition, stating that the matter had been settled. The court permitted the withdrawal and dismissed the petition, granting the petitioner the liberty to file a fresh petition on the same cause of action if necessary. The order was delivered on June 13, 2019.
The order was delivered on June 13, 2019,…