The case pertains to a petition filed under the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel appeared and submitted that a full and final settlement of dues had been received from the Corporate Debtor. A withdrawal memo was filed and taken on record.
The petitioner filed a petition under the Insolvency and Bankruptcy Code. The petitioner's counsel appeared before the NCLT Mumbai bench and stated that the Corporate Debtor had made a full and final settlement of the outstanding dues. Consequently, the petitioner filed a withdrawal memo, which the court took on record. Due to the settlement and the withdrawal request, the court dismissed the petition. The key fact is the full and final settlement of dues, which led to the petitioner withdrawing the insolvency petition.
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Hearing of the Mumbai…
Petitioner's counsel submits full and final…
The case pertains to a petition filed under the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel appeared and submitted that a full and final settlement of dues had been received from the Corporate Debtor. A withdrawal memo was filed and taken on record.
The petitioner filed a petition under the Insolvency and Bankruptcy Code. The petitioner's counsel appeared before the NCLT Mumbai bench and stated that the Corporate Debtor had made a full and final settlement of the outstanding dues. Consequently, the petitioner filed a withdrawal memo, which the court took on record. Due to the settlement and the withdrawal request, the court dismissed the petition. The key fact is the full and final settlement of dues, which led to the petitioner withdrawing the insolvency petition.
Hearing of the Mumbai…
Petitioner's counsel submits full and final…