Company Petition No. (IB)-1503 (PB)/2019 was filed by Godrej and Boyce Manufacturing Company Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the Corporate Insolvency Resolution Process against Parsvnath Landmark Developers Private Limited. The petitioner, Godrej and Boyce Manufacturing Company Limited, subsequently filed CA-1970 (PB) /2019 for withdrawal of the petition.
Godrej and Boyce Manufacturing Company Limited, the operational creditor, filed Company Petition No. (IB)-1503 (PB)/2019 under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Parsvnath Landmark Developers Private Limited, the corporate debtor. Subsequently, Godrej and Boyce Manufacturing Company Limited filed CA-1970 (PB) /2019 seeking to withdraw the petition, citing an amicable settlement between the parties. The NCLT considered this settlement as a valid reason for withdrawal.
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Company Petition No. (IB)-1503 (PB)/2019 filed…
CA-1970 (PB) /2019 filed by the petitioner…
Company Petition No. (IB)-1503 (PB)/2019 was filed by Godrej and Boyce Manufacturing Company Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the Corporate Insolvency Resolution Process against Parsvnath Landmark Developers Private Limited. The petitioner, Godrej and Boyce Manufacturing Company Limited, subsequently filed CA-1970 (PB) /2019 for withdrawal of the petition.
Godrej and Boyce Manufacturing Company Limited, the operational creditor, filed Company Petition No. (IB)-1503 (PB)/2019 under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Parsvnath Landmark Developers Private Limited, the corporate debtor. Subsequently, Godrej and Boyce Manufacturing Company Limited filed CA-1970 (PB) /2019 seeking to withdraw the petition, citing an amicable settlement between the parties. The NCLT considered this settlement as a valid reason for withdrawal.
Company Petition No. (IB)-1503 (PB)/2019 filed…
CA-1970 (PB) /2019 filed by the petitioner…