The case pertains to CA(IB) No. 1369/KB/2019, an application filed under Rule 11 of the NCLT Rules, 2016, seeking to record a settlement and obtain permission to withdraw the Corporate Petition (CP).
Gandhar Oil Refinery (India) Ltd. is involved in a case against Sapphier Equities Pvt. Ltd. An application, CA(IB) No. 1369/KB/2019, was filed under Rule 11 of the NCLT Rules, 2016, to record a settlement and withdraw the Corporate Petition (CP). Both parties jointly submitted that the matter had been settled outside the Tribunal. Pankaj Lunawat, the Interim Resolution Professional (IRP), appeared. Ramanuj Ray Chaudhuri, representing the Operational Creditor, also appeared.
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Hearing held on…
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The case pertains to CA(IB) No. 1369/KB/2019, an application filed under Rule 11 of the NCLT Rules, 2016, seeking to record a settlement and obtain permission to withdraw the Corporate Petition (CP).
Gandhar Oil Refinery (India) Ltd. is involved in a case against Sapphier Equities Pvt. Ltd. An application, CA(IB) No. 1369/KB/2019, was filed under Rule 11 of the NCLT Rules, 2016, to record a settlement and withdraw the Corporate Petition (CP). Both parties jointly submitted that the matter had been settled outside the Tribunal. Pankaj Lunawat, the Interim Resolution Professional (IRP), appeared. Ramanuj Ray Chaudhuri, representing the Operational Creditor, also appeared.
Hearing held on…
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