The case involves an application under the Insolvency and Bankruptcy Code (IBC). The applicant's counsel stated that a memo dated 03.03.2021 was filed. The applicant also submitted details of the installments to be paid by the respondent. The applicant's counsel filed a memo for withdrawal of the application in the Registry.
Kalpana Timber & Plywood Corporation filed an application (IBA/416/2020) against Poomalai Housing Pvt Ltd under Section 9 Rule 6 of the IBC, 2016. The applicant, Kalpana Timber & Plywood Corporation, through its counsel, filed a memo dated 03.03.2021 and submitted details of installments to be paid by the respondent, Poomalai Housing Pvt Ltd. Subsequently, the applicant filed a memo for withdrawal of the application in the Registry. The relevance of these facts lies in the applicant's decision to withdraw the application, leading to its dismissal.
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The case involves an application under the Insolvency and Bankruptcy Code (IBC). The applicant's counsel stated that a memo dated 03.03.2021 was filed. The applicant also submitted details of the installments to be paid by the respondent. The applicant's counsel filed a memo for withdrawal of the application in the Registry.
Kalpana Timber & Plywood Corporation filed an application (IBA/416/2020) against Poomalai Housing Pvt Ltd under Section 9 Rule 6 of the IBC, 2016. The applicant, Kalpana Timber & Plywood Corporation, through its counsel, filed a memo dated 03.03.2021 and submitted details of installments to be paid by the respondent, Poomalai Housing Pvt Ltd. Subsequently, the applicant filed a memo for withdrawal of the application in the Registry. The relevance of these facts lies in the applicant's decision to withdraw the application, leading to its dismissal.
Applicant's counsel…
Hearing held on…
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