The case pertains to a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel submitted that the petition in its present form cannot be proceeded with due to NCLAT orders regarding the insolvency of the Operational Creditor.
Superways Enterprises Pvt. Ltd. filed a petition against Topworth Steel & Power Pvt. Ltd. under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel acknowledged that the petition could not proceed in its current form due to existing NCLAT orders concerning the insolvency of the Operational Creditor. Consequently, the petition was dismissed as withdrawn.
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Order sheet…
The petition was dismissed as withdrawn due to…
The case pertains to a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel submitted that the petition in its present form cannot be proceeded with due to NCLAT orders regarding the insolvency of the Operational Creditor.
Superways Enterprises Pvt. Ltd. filed a petition against Topworth Steel & Power Pvt. Ltd. under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel acknowledged that the petition could not proceed in its current form due to existing NCLAT orders concerning the insolvency of the Operational Creditor. Consequently, the petition was dismissed as withdrawn.
Order sheet…
The petition was dismissed as withdrawn due to…