The matter was listed on August 23, 2019, for the pronouncement of an order. The petition under Section 9 of the IBC was previously admitted, and an Interim Resolution Professional (IRP) was appointed. However, prior to the pronouncement of the order, a compromise was reached between the parties, and the petition was withdrawn on August 21, 2019.
M/s. Apavarga Trading Company filed a petition against M/s. J. S. Hospitality Services Pvt. Ltd. under Section 9 of the IBC Code, 2016. The petition was initially admitted, and an IRP was appointed. However, before the order could be formally pronounced, the parties reached a compromise, and the petitioner withdrew the petition on August 21, 2019. The court acknowledged the withdrawal and the IRP's confirmation that no steps had been taken. The pronouncement of the order on August 23, 2019, was deemed inadvertent and withdrawn.
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The petition was…
The order was pronounced,…
The matter was listed on August 23, 2019, for the pronouncement of an order. The petition under Section 9 of the IBC was previously admitted, and an Interim Resolution Professional (IRP) was appointed. However, prior to the pronouncement of the order, a compromise was reached between the parties, and the petition was withdrawn on August 21, 2019.
M/s. Apavarga Trading Company filed a petition against M/s. J. S. Hospitality Services Pvt. Ltd. under Section 9 of the IBC Code, 2016. The petition was initially admitted, and an IRP was appointed. However, before the order could be formally pronounced, the parties reached a compromise, and the petitioner withdrew the petition on August 21, 2019. The court acknowledged the withdrawal and the IRP's confirmation that no steps had been taken. The pronouncement of the order on August 23, 2019, was deemed inadvertent and withdrawn.
The petition was…
The order was pronounced,…