S.K Engineering filed a case against Pobi Technologies & Construction Pvt. Ltd. under Section 9 of the IBC. An ex parte order was passed on 2020-01-16, which was later set aside on the condition that the Corporate Debtor pay Rs. 1 Lakh to the Operational Creditor within a week. The Operational Creditor claimed non-payment, but the parties entered into a Memorandum of Understanding (MOU) to settle the matter. The Corporate Debtor had deposited Rs. 3 Lakhs in an ESCROW account. The matter was jointly submitted as settled out of the Tribunal.

S.K Engineering filed a case against Pobi Technologies & Construction Pvt. Ltd. under Section 9 of the IBC. An ex parte order was passed on 2020-01-16, which was later set aside on the condition that the Corporate Debtor pay Rs. 1 Lakh to the Operational Creditor within a week. The Operational Creditor claimed non-payment, but the parties entered into a Memorandum of Understanding (MOU) to settle the matter. The Corporate Debtor had deposited Rs. 3 Lakhs in an ESCROW account. The matter was jointly submitted as settled out of the Tribunal.