The case involves an application/petition filed by Mr. Tarun Kochhar against M/s. Orris Infrastructure Pvt. Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016. The matter was brought before the National Company Law Tribunal (NCLT), Principal Bench, New Delhi.
Mr. Tarun Kochhar filed a petition against M/s. Orris Infrastructure Pvt. Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016. A settlement deed was executed between the parties on 2019-02-26. Based on this settlement deed, the counsel for the petitioner applied for the withdrawal of the petition under Rule 8 of the Adjudicating Authority Rules, 2016. A copy of the settlement deed was placed on record. The relevance of the settlement deed is that it formed the basis for the withdrawal of the insolvency petition, leading to the disposal of the case.
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Settlement deed…
Order delivered by the…
The case involves an application/petition filed by Mr. Tarun Kochhar against M/s. Orris Infrastructure Pvt. Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016. The matter was brought before the National Company Law Tribunal (NCLT), Principal Bench, New Delhi.
Mr. Tarun Kochhar filed a petition against M/s. Orris Infrastructure Pvt. Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016. A settlement deed was executed between the parties on 2019-02-26. Based on this settlement deed, the counsel for the petitioner applied for the withdrawal of the petition under Rule 8 of the Adjudicating Authority Rules, 2016. A copy of the settlement deed was placed on record. The relevance of the settlement deed is that it formed the basis for the withdrawal of the insolvency petition, leading to the disposal of the case.
Settlement deed…
Order delivered by the…