The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). The petitioner, RR Sales Corporation, sought to initiate corporate insolvency resolution process against the respondent, Indo Liminates (P) Ltd.
RR Sales Corporation filed a petition against Indo Liminates (P) Ltd under Section 9 of the IBC, 2016. Mr. Sahil, the advocate representing the petitioner, requested the court to allow the withdrawal of the petition based on instructions received. The court considered this request and the relevant rules before granting permission for the withdrawal. The petition was subsequently dismissed.
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The order was delivered on July 10, 2019,…
The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). The petitioner, RR Sales Corporation, sought to initiate corporate insolvency resolution process against the respondent, Indo Liminates (P) Ltd.
RR Sales Corporation filed a petition against Indo Liminates (P) Ltd under Section 9 of the IBC, 2016. Mr. Sahil, the advocate representing the petitioner, requested the court to allow the withdrawal of the petition based on instructions received. The court considered this request and the relevant rules before granting permission for the withdrawal. The petition was subsequently dismissed.
The order was delivered on July 10, 2019,…