The case pertains to an application filed under Section 7 of the Insolvency and Bankruptcy Code (IBC). The Financial Creditor expressed their intention to withdraw the petition, stating that the Committee of Creditors (COC) had not been formed. An application to withdraw the matter was subsequently filed.
M/s Lauls Limited filed a petition against M/s United Ukraine Technologies Pvt. Ltd. under Section 7 of the IBC. The Financial Creditor, M/s Lauls Limited, informed the court that the Committee of Creditors (COC) had not been formed and expressed their intention to withdraw the petition. They then filed an application to withdraw the matter. The counsel for both parties were present during the proceedings. The court considered the request for withdrawal.
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Order delivere…
The case pertains to an application filed under Section 7 of the Insolvency and Bankruptcy Code (IBC). The Financial Creditor expressed their intention to withdraw the petition, stating that the Committee of Creditors (COC) had not been formed. An application to withdraw the matter was subsequently filed.
M/s Lauls Limited filed a petition against M/s United Ukraine Technologies Pvt. Ltd. under Section 7 of the IBC. The Financial Creditor, M/s Lauls Limited, informed the court that the Committee of Creditors (COC) had not been formed and expressed their intention to withdraw the petition. They then filed an application to withdraw the matter. The counsel for both parties were present during the proceedings. The court considered the request for withdrawal.
Order delivere…