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. filed a petition against Emmar MGF Land Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016. During the proceedings before the NCLT, the petitioner's counsel informed the court that the dispute between the parties had been amicably settled. As a result, the petitioner sought to withdraw the petition. The court, acknowledging the settlement and the request for withdrawal, dismissed the petition.
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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. filed a petition against Emmar MGF Land Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016. During the proceedings before the NCLT, the petitioner's counsel informed the court that the dispute between the parties had been amicably settled. As a result, the petitioner sought to withdraw the petition. The court, acknowledging the settlement and the request for withdrawal, dismissed the petition.
Order delivered on…