# In the matter of Vinay Vishal Healthcare Services Pvt. Ltd. CP No. (IB) 92-ALD-2020

> NCLT judgment dated 2021-07-05. Citation: TCN-2021-NCLT-01853. The case pertains to a matter before the Allahabad bench of the National Company Law Tribunal…

- **Court:** NCLT
- **Order date:** 5 Jul 2021
- **Citation:** TCN-2021-NCLT-01853
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/vinay-vishal-healthcare-services-pvt-ltd-cp-no-ib-92-ald-2020-0a5eea3d

## Summary

### Background

The case pertains to a matter before the Allahabad bench of the National Company Law Tribunal (NCLT). The hearing was conducted via video conferencing. The applicant's counsel stated that a withdrawal application had been filed as the matter was amicably settled between the parties. The respondent's counsel confirmed the amicable settlement and had no objection to the withdrawal.

## Facts

The National Company Law Tribunal (NCLT), Allahabad Bench, heard a case via video conferencing. The applicant, Nidhi Shandilya V/S Vinay Vishal Health Care Pvt Ltd, sought to withdraw the application. The applicant's counsel, Sh. Saurabh Paul, stated that the withdrawal application was filed because the matter had been amicably settled between the parties. The respondent's counsel, Sh. Amitabh Agawral, confirmed the amicable settlement and had no objection to the withdrawal. The court, after hearing both counsels, acknowledged the settlement and dismissed the petition as withdrawn.

## Issues and analysis

### Issue 1: Whether the petition should be dismissed as withdrawn given the amicable settlement between the …

**Ratio:** When parties to a legal dispute reach an amicable settlement and the applicant seeks to

…

**Reasoning:** The court reasoned that since both parties had amicably settled the matter, continuing

…

**Interpretation:** This reflects the principle that courts generally respect and facilitate

…

**Application:** In this case, the applicant's counsel stated that the matter was amicably

…

## Parties

- **Judges:** Rajesh Daya…
- **Appellants:** NIDHI SHA…
- **Respondents:** Vinay Vishal…

## Timeline

- **2021-07-05 — Hearing…**: Hearing of the Allahabad Bench of the NCLT…
- **2021-07-05 — Petition Di…**: The present petition was dismissed as withdrawn due to amicable settlement between the…

---

This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclt-chandigarh/vinay-vishal-healthcare-services-pvt-ltd-cp-no-ib-92-ald-2020-0a5eea3d