The case involves an application under the Insolvency and Bankruptcy Code (IBC). The applicant sought to withdraw the application due to a settlement reached between the parties.
Meena Sakariya (M.R Industrial Services) filed an application (IBA/484/2020) against M/S Effimax Engineers Pvt Ltd & 1 Anr under Section 7 Rule 4 of the IBC, 2016. During the proceedings, both counsels stated that a settlement had been reached between the parties. Consequently, the applicant sought permission to withdraw the application.
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Hearing held on…
Counsels stated that…
The case involves an application under the Insolvency and Bankruptcy Code (IBC). The applicant sought to withdraw the application due to a settlement reached between the parties.
Meena Sakariya (M.R Industrial Services) filed an application (IBA/484/2020) against M/S Effimax Engineers Pvt Ltd & 1 Anr under Section 7 Rule 4 of the IBC, 2016. During the proceedings, both counsels stated that a settlement had been reached between the parties. Consequently, the applicant sought permission to withdraw the application.
Hearing held on…
Counsels stated that…