The case pertains to an instant petition filed before the National Company Law Tribunal (NCLT), Ahmedabad Bench. The petitioner filed a pursis to prepone the matter, stating that the parties have entered into a settlement and the petitioner desires to withdraw the petition.
Metroglobal Ltd filed a petition against Jindal Worldwide Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016. The matter was scheduled for a hearing on March 31, 2021. However, the petitioner, Metroglobal Ltd, filed a pursis requesting the matter be preponed because the parties had reached a settlement and the petitioner wanted to withdraw the petition. The NCLT considered the request and allowed the withdrawal, dismissing the petition.
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Hearing of Ahmedabad…
The instant matter was…
The case pertains to an instant petition filed before the National Company Law Tribunal (NCLT), Ahmedabad Bench. The petitioner filed a pursis to prepone the matter, stating that the parties have entered into a settlement and the petitioner desires to withdraw the petition.
Metroglobal Ltd filed a petition against Jindal Worldwide Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016. The matter was scheduled for a hearing on March 31, 2021. However, the petitioner, Metroglobal Ltd, filed a pursis requesting the matter be preponed because the parties had reached a settlement and the petitioner wanted to withdraw the petition. The NCLT considered the request and allowed the withdrawal, dismissing the petition.
Hearing of Ahmedabad…
The instant matter was…