The case involves an application under Rule 11 read with Rule 32 of the NCLT Rules 2016, seeking directions. The Operational Creditor and the Corporate Debtor have agreed to settle the matter.
Shivalik Exim Pvt Ltd (Operational Creditor) filed a petition against Elixir Trading Pvt. Ltd. (Respondent) under Section 9 of the IBC, 2016. Both parties agreed to settle the matter. The application was filed under Rule 11 read with Rule 32 of the NCLT Rules, 2016, seeking directions. The main petition bearing No. IB-1054/2020 was then dismissed as withdrawn.
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Main petition filed…
Application IA-2359/2021 filed under Rule 11…
The case involves an application under Rule 11 read with Rule 32 of the NCLT Rules 2016, seeking directions. The Operational Creditor and the Corporate Debtor have agreed to settle the matter.
Shivalik Exim Pvt Ltd (Operational Creditor) filed a petition against Elixir Trading Pvt. Ltd. (Respondent) under Section 9 of the IBC, 2016. Both parties agreed to settle the matter. The application was filed under Rule 11 read with Rule 32 of the NCLT Rules, 2016, seeking directions. The main petition bearing No. IB-1054/2020 was then dismissed as withdrawn.
Main petition filed…
Application IA-2359/2021 filed under Rule 11…