# In the matter of Milton Engineering Works Pvt. Ltd. T.CP. No. 460-(MAH)-2017

> NCLT judgment dated 2017-09-04. Citation: TCN-2017-NCLT-00478. The case involves a hearing at the Mumbai Bench of the National Company Law Tribunal (NCLT) on…

- **Court:** NCLT
- **Order date:** 4 Sept 2017
- **Citation:** TCN-2017-NCLT-00478
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/milton-engineering-works-pvt-ltd-tcp-no-460-mah-2017-726350eb

## Summary

### Background

The case involves a hearing at the Mumbai Bench of the National Company Law Tribunal (NCLT) on September 4, 2017. The matter concerns Sandeep Steels versus Milton Engineering Works Pvt. Ltd. The case is related to the I & BP Code 2016.

## Facts

The case involves Sandeep Steels as the applicant and Milton Engineering Works Pvt. Ltd. as the respondent. The hearing took place at the Mumbai Bench of the National Company Law Tribunal (NCLT) on September 4, 2017. The case is related to the I & BP Code 2016. The petitioner sought permission to withdraw the petition, and the court disposed of the case as 'withdrawn'. Consent terms were placed on record, and there was a mention of a Demand Draft and Proof of Payment.

## Issues and analysis

### Issue 1: Whether the petitioner should be granted …

**Ratio:** The court has the discretion to allow the withdrawal of a petition based on the

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**Reasoning:** The court noted the mention of a Demand Draft and Proof of Payment, suggesting a possible

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**Interpretation:** The court interpreted the petitioner's request to withdraw the petition in

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**Application:** Based on the facts, the court applied its discretion to allow the petitioner to

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## Parties

- **Judges:** M.K. Sh…; Bhaskara Pantula…
- **Appellants:** Sandeep S…
- **Respondents:** Milton Engineering…

## Timeline

- **2017-09-04 — Hearing at NCLT Mumbai…**: Hearing of the case between Sandeep Steels and Milton Engineering Works Pvt. Ltd. at the…
- **2017-09-04 — Order Is…**: The NCLT disposed of the case as 'withdrawn' after the petitioner sought permission to…

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