The case involves M/s. Gandhar Oil Refinery (India) Ltd. as the petitioner and M/s. Friends Auto (India) Ltd. as the respondent. The matter was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) 2016.
M/s. Gandhar Oil Refinery (India) Ltd. filed a petition against M/s. Friends Auto (India) Ltd. under Section 9 of the IBC 2016. Both parties were present in court. The petitioner's counsel stated that the matter had been settled between the parties. Based on this submission, the petitioner requested the 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 The court then dismissed the petition as withdrawn, indicating a resolution outside of formal adjudication.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 M/s. Gandhar Oil Refinery (India) Ltd. as the petitioner and M/s. Friends Auto (India) Ltd. as the respondent. The matter was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) 2016.
M/s. Gandhar Oil Refinery (India) Ltd. filed a petition against M/s. Friends Auto (India) Ltd. under Section 9 of the IBC 2016. Both parties were present in court. The petitioner's counsel stated that the matter had been settled between the parties. Based on this submission, the petitioner requested the withdrawal of the petition. The court then dismissed the petition as withdrawn, indicating a resolution outside of formal adjudication.
The order was d…
Sign in to view related legal provisions.