The case involves Ratnashi Infrastructure Pvt. Ltd. as the applicant/petitioner and Emmar MGF Land Ltd. as the respondent. The matter was brought before the National Company Law Tribunal (NCLT), New Delhi, under Section 7 of the Insolvency & Bankruptcy Code, 2016.
Ratnashi Infrastructure Pvt. Ltd. initiated proceedings against Emmar MGF Land Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016. The case was presented before the NCLT, New Delhi. However, the dispute between the parties was amicably settled, leading the petitioner's counsel to request a withdrawal of the petition. The court then dismissed the petition as withdrawn, indicating a resolution outside of formal adjudication.
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The case involves Ratnashi Infrastructure Pvt. Ltd. as the applicant/petitioner and Emmar MGF Land Ltd. as the respondent. The matter was brought before the National Company Law Tribunal (NCLT), New Delhi, under Section 7 of the Insolvency & Bankruptcy Code, 2016.
Ratnashi Infrastructure Pvt. Ltd. initiated proceedings against Emmar MGF Land Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016. The case was presented before the NCLT, New Delhi. However, the dispute between the parties was amicably settled, leading the petitioner's counsel to request a withdrawal of the petition. The court then dismissed the petition as withdrawn, indicating a resolution outside of formal adjudication.
The order was delivered dismissing the…
Sign in to view related legal provisions.