The case involves an operational creditor seeking leave of the court to file consent terms and withdraw the petition. The matter was heard by the Mumbai bench of the National Company Law Tribunal (NCLT).
The operational creditor, represented by counsel, sought leave from the court to file consent terms. The operational creditor also sought leave to withdraw the petition. The court took the consent terms on record and allowed the prayer for withdrawal. The petition was subsequently dismissed as withdrawn, with the liberty to file a fresh petition in case of a breach of the consent terms. The case was heard on 26.03.2019.
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The hearing of the…
CP.(IB) 3534/(…
The case involves an operational creditor seeking leave of the court to file consent terms and withdraw the petition. The matter was heard by the Mumbai bench of the National Company Law Tribunal (NCLT).
The operational creditor, represented by counsel, sought leave from the court to file consent terms. The operational creditor also sought leave to withdraw the petition. The court took the consent terms on record and allowed the prayer for withdrawal. The petition was subsequently dismissed as withdrawn, with the liberty to file a fresh petition in case of a breach of the consent terms. The case was heard on 26.03.2019.
The hearing of the…
CP.(IB) 3534/(…