The case pertains to an application filed under the Insolvency and Bankruptcy Code (IBC). The counsel for the respondent submitted that the entire outstanding amount has been settled out of court.
The application IBA/1360/2019 was filed before the National Company Law Tribunal (NCLT), Chennai. The counsels for both the applicant (Ms. K. Alpha Jain) and the respondent (Mr. Ganesh Iyer) were present. The respondent's counsel submitted that the entire outstanding amount had been settled out of court. Consequently, the NCLT dismissed the application.
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The case pertains to an application filed under the Insolvency and Bankruptcy Code (IBC). The counsel for the respondent submitted that the entire outstanding amount has been settled out of court.
The application IBA/1360/2019 was filed before the National Company Law Tribunal (NCLT), Chennai. The counsels for both the applicant (Ms. K. Alpha Jain) and the respondent (Mr. Ganesh Iyer) were present. The respondent's counsel submitted that the entire outstanding amount had been settled out of court. Consequently, the NCLT dismissed the application.
Hearing held on…
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