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 an application seeking to withdraw the Corporate Insolvency Resolution Process (CIRP) application against SKG Pulp & Paper Mills Pvt. Ltd. The reason for the withdrawal was that the matter had been settled out of court. The Tribunal considered the request and marked the application as 'not pressed'.
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Hearing on the…
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 an application seeking to withdraw the Corporate Insolvency Resolution Process (CIRP) application against SKG Pulp & Paper Mills Pvt. Ltd. The reason for the withdrawal was that the matter had been settled out of court. The Tribunal considered the request and marked the application as 'not pressed'.
Hearing on the…