The case involves an application for withdrawal of an insolvency application (IB-128/ND/2020) filed by Garg Financial Management Consultants Pvt. Ltd. against Vision Plus Security Control Pvt. Ltd. The matter was listed before the National Company Law Tribunal (NCLT), New Delhi.
Garg Financial Management Consultants Pvt. Ltd. filed an insolvency application (IB-128/ND/2020) against Vision Plus Security Control Pvt. Ltd. The applicant, Garg Financial Management Consultants Pvt. Ltd., subsequently sought to withdraw the application. The applicant's counsel stated that the parties had reached an amicable settlement, and payment had been received as per the settlement. The application for withdrawal was filed under Section 16(5). The court considered the submission and allowed the withdrawal.
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Garg Financial Management Consultants…
The NCLT allowed the withdrawal of the…
The case involves an application for withdrawal of an insolvency application (IB-128/ND/2020) filed by Garg Financial Management Consultants Pvt. Ltd. against Vision Plus Security Control Pvt. Ltd. The matter was listed before the National Company Law Tribunal (NCLT), New Delhi.
Garg Financial Management Consultants Pvt. Ltd. filed an insolvency application (IB-128/ND/2020) against Vision Plus Security Control Pvt. Ltd. The applicant, Garg Financial Management Consultants Pvt. Ltd., subsequently sought to withdraw the application. The applicant's counsel stated that the parties had reached an amicable settlement, and payment had been received as per the settlement. The application for withdrawal was filed under Section 16(5). The court considered the submission and allowed the withdrawal.
Garg Financial Management Consultants…
The NCLT allowed the withdrawal of the…