The case pertains to a petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) 2016. The petitioner sought to withdraw the petition due to receiving payment.
Mr. Perfact Polymers FZ LLX filed a petition against JPS Reinforced Pipes Pvt. Ltd. under Section 9 of the IBC 2016. The petitioner, Mr. Perfact Polymers FZ LLX, received payment from the respondent, JPS Reinforced Pipes Pvt. Ltd., and subsequently sought to withdraw the petition. The court considered this representation and Rule 8 of the IBBI (AAA) Rules, 2016.
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The case pertains to a petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) 2016. The petitioner sought to withdraw the petition due to receiving payment.
Mr. Perfact Polymers FZ LLX filed a petition against JPS Reinforced Pipes Pvt. Ltd. under Section 9 of the IBC 2016. The petitioner, Mr. Perfact Polymers FZ LLX, received payment from the respondent, JPS Reinforced Pipes Pvt. Ltd., and subsequently sought to withdraw the petition. The court considered this representation and Rule 8 of the IBBI (AAA) Rules, 2016.
Order delivered on…
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