The case pertains to an application under the Insolvency and Bankruptcy Code (IBC). The petitioner, Vinayak Cotton Agencies, filed a petition against the respondent, Makali Spinning Mills Pvt Ltd. The respondent's counsel stated that the dues were settled in favor of the Corporate Debtor.
Vinayak Cotton Agencies filed a petition (IBA/421/2020) against Makali Spinning Mills Pvt Ltd under Section 9 Rule 6 of IBC, 2016. The Respondent's counsel stated that the dues were settled in favor of the Corporate Debtor. On 2020-12-18, the Petitioner filed a Memo in the Registry Vide SR No.3907 stating that the matter has been settled. Consequently, the NCLT dismissed the application as settled.
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The case pertains to an application under the Insolvency and Bankruptcy Code (IBC). The petitioner, Vinayak Cotton Agencies, filed a petition against the respondent, Makali Spinning Mills Pvt Ltd. The respondent's counsel stated that the dues were settled in favor of the Corporate Debtor.
Vinayak Cotton Agencies filed a petition (IBA/421/2020) against Makali Spinning Mills Pvt Ltd under Section 9 Rule 6 of IBC, 2016. The Respondent's counsel stated that the dues were settled in favor of the Corporate Debtor. On 2020-12-18, the Petitioner filed a Memo in the Registry Vide SR No.3907 stating that the matter has been settled. Consequently, the NCLT dismissed the application as settled.
The Petitioner filed a Memo in the Registry…
Hearing of C…
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