The case pertains to a Company Petition filed under the Insolvency and Bankruptcy Code, 2016. The Operational Creditor sought to withdraw the petition based on a settlement of the claim between the parties.
Sealair Freighter International Pvt. Ltd. filed a Company Petition against Seaking Industries LLP. The Operational Creditor, Sealair Freighter International Pvt. Ltd., sought to withdraw the petition. The reason for the withdrawal was the settlement of the claim between the parties. The counsel for the Operational Creditor circulated a praecipe seeking the withdrawal. The court took the praecipe on record.
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The case pertains to a Company Petition filed under the Insolvency and Bankruptcy Code, 2016. The Operational Creditor sought to withdraw the petition based on a settlement of the claim between the parties.
Sealair Freighter International Pvt. Ltd. filed a Company Petition against Seaking Industries LLP. The Operational Creditor, Sealair Freighter International Pvt. Ltd., sought to withdraw the petition. The reason for the withdrawal was the settlement of the claim between the parties. The counsel for the Operational Creditor circulated a praecipe seeking the withdrawal. The court took the praecipe on record.
Order sheet…
Counsel for the Operational Creditor…
Sign in to view related legal provisions.