The petitioner sought to withdraw CP No. (IB) 425/ALD/2018, requesting the liberty to file before the appropriate authority with the correct jurisdiction. The basis for this request was that the National Company Law Tribunal (NCLT), Allahabad Bench, lacked the territorial jurisdiction to entertain the matter. The respondent corporate debtor's registered office is located in New Delhi, further supporting the claim of jurisdictional deficiency.
The petitioner filed CP No. (IB) 425/ALD/2018. The petitioner sought to withdraw the petition, requesting permission to file before the appropriate authority having jurisdiction. The basis for the withdrawal was that the NCLT Allahabad Bench lacked territorial jurisdiction because the respondent corporate debtor's registered office is located in New Delhi. The court acknowledged the jurisdictional issue and permitted the withdrawal with liberty to refile in the appropriate jurisdiction.
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The petitioner sought to withdraw CP No. (IB) 425/ALD/2018, requesting the liberty to file before the appropriate authority with the correct jurisdiction. The basis for this request was that the National Company Law Tribunal (NCLT), Allahabad Bench, lacked the territorial jurisdiction to entertain the matter. The respondent corporate debtor's registered office is located in New Delhi, further supporting the claim of jurisdictional deficiency.
The petitioner filed CP No. (IB) 425/ALD/2018. The petitioner sought to withdraw the petition, requesting permission to file before the appropriate authority having jurisdiction. The basis for the withdrawal was that the NCLT Allahabad Bench lacked territorial jurisdiction because the respondent corporate debtor's registered office is located in New Delhi. The court acknowledged the jurisdictional issue and permitted the withdrawal with liberty to refile in the appropriate jurisdiction.
The order was issued disposing of the petition…
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