The petitioner sought to withdraw the petition due to a Memorandum of Settlement entered into between the parties on 2019-12-31. The petitioner reserves the right to approach the tribunal again if the corporate debtor fails to adhere to the terms of the settlement.
A Memorandum of Settlement was entered into between the petitioner and the corporate debtor on 2019-12-31. The petitioner sought to withdraw the petition based on this settlement. The petitioner reserved the right to approach the tribunal again if the corporate debtor failed to adhere to the terms of the settlement. The Ld. AR for the Petitioner and the Ld. Counsel for the Corporate Debtor were present.
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A Memorandum of…
The Petitioner…
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The petitioner sought to withdraw the petition due to a Memorandum of Settlement entered into between the parties on 2019-12-31. The petitioner reserves the right to approach the tribunal again if the corporate debtor fails to adhere to the terms of the settlement.
A Memorandum of Settlement was entered into between the petitioner and the corporate debtor on 2019-12-31. The petitioner sought to withdraw the petition based on this settlement. The petitioner reserved the right to approach the tribunal again if the corporate debtor failed to adhere to the terms of the settlement. The Ld. AR for the Petitioner and the Ld. Counsel for the Corporate Debtor were present.
A Memorandum of…
The Petitioner…
Sign in to view related legal provisions.