The case pertains to a company petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The applicant is Core Buildwell Pvt. Ltd., and the respondent is New India City Developers Pvt. Ltd. The matter was heard by the National Company Law Tribunal (NCLT), Principal Bench, New Delhi.
Core Buildwell Pvt. Ltd. filed a company petition against New India City Developers Pvt. Ltd. under Section 7 of the Insolvency and Bankruptcy Code, 2016. The case was presented before the National Company Law Tribunal (NCLT), Principal Bench, New Delhi. During the proceedings, the counsel representing Core Buildwell Pvt. Ltd. requested the court to dismiss the company petition. Consequently, the NCLT dismissed the petition as withdrawn.
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The case pertains to a company petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The applicant is Core Buildwell Pvt. Ltd., and the respondent is New India City Developers Pvt. Ltd. The matter was heard by the National Company Law Tribunal (NCLT), Principal Bench, New Delhi.
Core Buildwell Pvt. Ltd. filed a company petition against New India City Developers Pvt. Ltd. under Section 7 of the Insolvency and Bankruptcy Code, 2016. The case was presented before the National Company Law Tribunal (NCLT), Principal Bench, New Delhi. During the proceedings, the counsel representing Core Buildwell Pvt. Ltd. requested the court to dismiss the company petition. Consequently, the NCLT dismissed the petition as withdrawn.
The order was delivered…
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