The case pertains to an application filed under the Insolvency and Bankruptcy Code (IBC). A settlement was reached between the petitioner, New Jothi Marketing Corporation, and the respondent, Saravana Stores Gold Palace Pvt Ltd. A memo of settlement was filed in the Registry on 03.12.2020 with SR No. 3634.
New Jothi Marketing Corporation filed an application (IBA/1188/2019) against Saravana Stores Gold Palace Pvt Ltd under Section 9 Rule 6 of the IBC 2016. The counsels for both the petitioner and the respondent were present through video conferencing. The petitioner's counsel stated that a settlement was reached between the parties, and a memo of settlement was filed in the Registry on 03.12.2020 with SR No. 3634. The court took the memo on record.
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IBA/1188/…
A memo of settlement…
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The case pertains to an application filed under the Insolvency and Bankruptcy Code (IBC). A settlement was reached between the petitioner, New Jothi Marketing Corporation, and the respondent, Saravana Stores Gold Palace Pvt Ltd. A memo of settlement was filed in the Registry on 03.12.2020 with SR No. 3634.
New Jothi Marketing Corporation filed an application (IBA/1188/2019) against Saravana Stores Gold Palace Pvt Ltd under Section 9 Rule 6 of the IBC 2016. The counsels for both the petitioner and the respondent were present through video conferencing. The petitioner's counsel stated that a settlement was reached between the parties, and a memo of settlement was filed in the Registry on 03.12.2020 with SR No. 3634. The court took the memo on record.
IBA/1188/…
A memo of settlement…
Sign in to view related legal provisions.