CP (IB) No. 186/CB/2020 was filed. After extensive hearings spread over 3 days, the parties arrived at a settlement, which culminated in an agreement dated 14.07.2021.
CP (IB) No. 186/CB/2020 was filed before the NCLT Cuttack Bench. The case involved Rubber O Malabar Products Pvt. Ltd. as the petitioner and Laxmiasho Conveyors & Variants Pvt. Ltd. as the respondent. After three days of hearings, the parties arrived at a settlement agreement dated 14.07.2021. The settlement agreement was taken on record. The petition was dismissed as withdrawn, but the operational creditor was given the liberty to revive the petition if the corporate debtor defaults.
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Parties arriv…
CP (IB) 186/CB/2020 dismissed as withdrawn;…
CP (IB) No. 186/CB/2020 was filed. After extensive hearings spread over 3 days, the parties arrived at a settlement, which culminated in an agreement dated 14.07.2021.
CP (IB) No. 186/CB/2020 was filed before the NCLT Cuttack Bench. The case involved Rubber O Malabar Products Pvt. Ltd. as the petitioner and Laxmiasho Conveyors & Variants Pvt. Ltd. as the respondent. After three days of hearings, the parties arrived at a settlement agreement dated 14.07.2021. The settlement agreement was taken on record. The petition was dismissed as withdrawn, but the operational creditor was given the liberty to revive the petition if the corporate debtor defaults.
Parties arriv…
CP (IB) 186/CB/2020 dismissed as withdrawn;…