Ganesham Trexim Pvt. Ltd. filed a Company Petition No. 3327(ND)2019 against M/s. Parasvnath Limited under Section 7 of the IBC, 2016. The Financial Creditor and the Corporate Debtor jointly filed an application for withdrawal of the petition based on a settlement between the parties.
Ganesham Trexim Pvt. Ltd. (Applicant/Petitioner) initiated a corporate insolvency resolution process against M/s. Parasvnath Limited (Respondent) under Section 7 of the Insolvency and Bankruptcy Code, 2016. A joint application, duly signed by both parties, was filed on August 28, 2021, seeking the withdrawal of Company Petition No. 3327(ND)2019, indicating a settlement between the parties. The Demand Draft was handed over to the Corporate Debtors, and the Corporate Debtor made the entire payment to the Financial Creditor. The matter was settled between the parties, and the financial debt was paid by the Corporate Debtor to the Financial Creditor.
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A joint application, duly signed by both…
The order was d…
Ganesham Trexim Pvt. Ltd. filed a Company Petition No. 3327(ND)2019 against M/s. Parasvnath Limited under Section 7 of the IBC, 2016. The Financial Creditor and the Corporate Debtor jointly filed an application for withdrawal of the petition based on a settlement between the parties.
Ganesham Trexim Pvt. Ltd. (Applicant/Petitioner) initiated a corporate insolvency resolution process against M/s. Parasvnath Limited (Respondent) under Section 7 of the Insolvency and Bankruptcy Code, 2016. A joint application, duly signed by both parties, was filed on August 28, 2021, seeking the withdrawal of Company Petition No. 3327(ND)2019, indicating a settlement between the parties. The Demand Draft was handed over to the Corporate Debtors, and the Corporate Debtor made the entire payment to the Financial Creditor. The matter was settled between the parties, and the financial debt was paid by the Corporate Debtor to the Financial Creditor.
A joint application, duly signed by both…
The order was d…