The case involves an application under Section 9 of the Insolvency and Bankruptcy Code (IBC). The applicant is Mr. Anand Prakash, and the respondent is M/s Omega Infrabuild Pvt Ltd. The matter was listed as Item No. 124 in Court No. IV of the National Company Law Tribunal (NCLT), New Delhi. The order was delivered on July 3, 2019.
Mr. Anand Prakash, the applicant, filed a case against M/s Omega Infrabuild Pvt Ltd, the respondent, under Section 9 of the IBC. The applicant's counsel informed the court that the matter had been settled, and the applicant had received the claim amount. As a result, the applicant sought to withdraw the application. The court, after considering the submission, allowed the withdrawal and disposal of the application IB-975/ND/2019. The key fact is the settlement between the parties, leading to the withdrawal of the application.
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The case involves an application under Section 9 of the Insolvency and Bankruptcy Code (IBC). The applicant is Mr. Anand Prakash, and the respondent is M/s Omega Infrabuild Pvt Ltd. The matter was listed as Item No. 124 in Court No. IV of the National Company Law Tribunal (NCLT), New Delhi. The order was delivered on July 3, 2019.
Mr. Anand Prakash, the applicant, filed a case against M/s Omega Infrabuild Pvt Ltd, the respondent, under Section 9 of the IBC. The applicant's counsel informed the court that the matter had been settled, and the applicant had received the claim amount. As a result, the applicant sought to withdraw the application. The court, after considering the submission, allowed the withdrawal and disposal of the application IB-975/ND/2019. The key fact is the settlement between the parties, leading to the withdrawal of the application.
Order delivered on…
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