The case involves a petition filed under Section 7 of the IBC. The Petitioner/Financial Creditor filed CA No. 53/2019 seeking permission to withdraw the Company Petition No. 341/ALD/2018.
The Rural Electrification Corporation Ltd filed a petition against Lanco Anpara Power Ltd under Section 7 of the IBC. The Financial Creditor filed CA No. 53/2019 seeking permission to withdraw the Company Petition No. 341/ALD/2018. The reason for seeking withdrawal was that the default, which was the basis for filing the petition, had been remedied. The petition was at the admission stage. The court allowed the withdrawal, disposing of CA 53/19 and CP NO. (IB) 341/ALD/2018, and also closed CA NO. 280/2018.
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Company Petit…
CA NO. 280/20…
The case involves a petition filed under Section 7 of the IBC. The Petitioner/Financial Creditor filed CA No. 53/2019 seeking permission to withdraw the Company Petition No. 341/ALD/2018.
The Rural Electrification Corporation Ltd filed a petition against Lanco Anpara Power Ltd under Section 7 of the IBC. The Financial Creditor filed CA No. 53/2019 seeking permission to withdraw the Company Petition No. 341/ALD/2018. The reason for seeking withdrawal was that the default, which was the basis for filing the petition, had been remedied. The petition was at the admission stage. The court allowed the withdrawal, disposing of CA 53/19 and CP NO. (IB) 341/ALD/2018, and also closed CA NO. 280/2018.
Company Petit…
CA NO. 280/20…