Burger King India Pvt. Ltd. filed a petition against Express Way Truck Terminus Pvt. Ltd. before the Mumbai Bench of the National Company Law Tribunal (NCLT). The case was related to an outstanding debt of Rs. 15,83,386/-. Demand drafts totaling Rs. 15 lakhs (bearing numbers 683738 and 683739, both dated 02-11-2017) were presented to the court and handed over to the Learned Counsel of the Petitioner Creditor. The parties confirmed that a major portion of the outstanding debt was settled by payment of these demand drafts. Consequently, the court considered the petition settled and disposed of the matter, consigning it to records. The relevance of the demand drafts lies in their role as a means of settling the debt, leading to the resolution of the petition.

Burger King India Pvt. Ltd. filed a petition against Express Way Truck Terminus Pvt. Ltd. before the Mumbai Bench of the National Company Law Tribunal (NCLT). The case was related to an outstanding debt of Rs. 15,83,386/-. Demand drafts totaling Rs. 15 lakhs (bearing numbers 683738 and 683739, both dated 02-11-2017) were presented to the court and handed over to the Learned Counsel of the Petitioner Creditor. The parties confirmed that a major portion of the outstanding debt was settled by payment of these demand drafts. Consequently, the court considered the petition settled and disposed of the matter, consigning it to records. The relevance of the demand drafts lies in their role as a means of settling the debt, leading to the resolution of the petition.