The case involves an application under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The applicant, Man Mohan Sarup Aggarwal, filed the application against the respondent, Parsavnath Landmark Developers Pvt. Ltd. The learned counsel for the applicant, who is also the corporate debtor, requested a withdrawal of the application.
Man Mohan Sarup Aggarwal filed an application under Section 7 of the IBC, 2016 against Parsavnath Landmark Developers Pvt. Ltd. The applicant, also identified as the corporate debtor, sought to withdraw the application. The court accepted the withdrawal request. This suggests a potential resolution or change in circumstances that led the applicant to no longer pursue the insolvency proceedings against Parsavnath Landmark Developers Pvt. Ltd.
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The case involves an application under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The applicant, Man Mohan Sarup Aggarwal, filed the application against the respondent, Parsavnath Landmark Developers Pvt. Ltd. The learned counsel for the applicant, who is also the corporate debtor, requested a withdrawal of the application.
Man Mohan Sarup Aggarwal filed an application under Section 7 of the IBC, 2016 against Parsavnath Landmark Developers Pvt. Ltd. The applicant, also identified as the corporate debtor, sought to withdraw the application. The court accepted the withdrawal request. This suggests a potential resolution or change in circumstances that led the applicant to no longer pursue the insolvency proceedings against Parsavnath Landmark Developers Pvt. Ltd.
The order was delivered…
Sign in to view related legal provisions.