The case involves an application filed by the Operational Creditor seeking permission to withdraw the application. The matter was settled out of the Tribunal, leading the applicant to not press the C.P.
The Operational Creditor filed a Corporate Insolvency Resolution Process (CIRP) application against SKG Pulp & Paper Mills Pvt. Ltd. Subsequently, the matter was settled out of the Tribunal. As a result, the Operational Creditor sought permission to withdraw the CIRP application. The Tribunal considered the application for withdrawal and marked the C.P. as 'not pressed'. This indicates that the applicant is no longer pursuing the CIRP due to the settlement.
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Hearing on the…
Order passed disposing…
The case involves an application filed by the Operational Creditor seeking permission to withdraw the application. The matter was settled out of the Tribunal, leading the applicant to not press the C.P.
The Operational Creditor filed a Corporate Insolvency Resolution Process (CIRP) application against SKG Pulp & Paper Mills Pvt. Ltd. Subsequently, the matter was settled out of the Tribunal. As a result, the Operational Creditor sought permission to withdraw the CIRP application. The Tribunal considered the application for withdrawal and marked the C.P. as 'not pressed'. This indicates that the applicant is no longer pursuing the CIRP due to the settlement.
Hearing on the…
Order passed disposing…