An application was filed on behalf of the Corporate Debtor, placing on record a letter of settlement dated 2019-03-23, indicating that the parties have settled. The counsel for the petitioner did not dispute this settlement. The applicant then requested to withdraw the petition.
AU Small Finance Bank Ltd. filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 against DVM Buildcon Pvt. Ltd. An application was filed on behalf of the Corporate Debtor, placing on record a letter of settlement dated 2019-03-23, showing that the parties have settled. The counsel for the petitioner did not dispute the settlement and requested to withdraw the petition. The total amount claimed in the petition was Rs. 4,45,52,398/-.
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A letter of settlement…
The court dismissed the petition as withdrawn,…
An application was filed on behalf of the Corporate Debtor, placing on record a letter of settlement dated 2019-03-23, indicating that the parties have settled. The counsel for the petitioner did not dispute this settlement. The applicant then requested to withdraw the petition.
AU Small Finance Bank Ltd. filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 against DVM Buildcon Pvt. Ltd. An application was filed on behalf of the Corporate Debtor, placing on record a letter of settlement dated 2019-03-23, showing that the parties have settled. The counsel for the petitioner did not dispute the settlement and requested to withdraw the petition. The total amount claimed in the petition was Rs. 4,45,52,398/-.
A letter of settlement…
The court dismissed the petition as withdrawn,…