The case involves a petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC). A joint memo for withdrawal was filed, enclosing a settlement deed. The petition had not yet been admitted.
Gharda Chemicals Ltd filed a petition against Vepco Bio-Tech Pvt Ltd under Section 9 of the IBC. A joint memo for withdrawal was filed, indicating a settlement between the parties. The petition had not yet been admitted by the NCLT. The settlement deed was enclosed with the withdrawal request. The operational creditor sought permission to withdraw the petition based on the settlement.
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CP(IB) No.603/9/HDB/2018…
Hearing he…
The case involves a petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC). A joint memo for withdrawal was filed, enclosing a settlement deed. The petition had not yet been admitted.
Gharda Chemicals Ltd filed a petition against Vepco Bio-Tech Pvt Ltd under Section 9 of the IBC. A joint memo for withdrawal was filed, indicating a settlement between the parties. The petition had not yet been admitted by the NCLT. The settlement deed was enclosed with the withdrawal request. The operational creditor sought permission to withdraw the petition based on the settlement.
CP(IB) No.603/9/HDB/2018…
Hearing he…