# In the matter of Aditya Intersces Pvt. Ltd. New IA-1027-ND-2022 in IB-179-ND-2021

> NCLT judgment dated 2022-03-04. Citation: TCN-2022-NCLT-03895. The case involves a new IA No. 1027/ND/2022 in IB-179/ND/2021 before the National Company Law…

- **Court:** NCLT
- **Order date:** 4 Mar 2022
- **Citation:** TCN-2022-NCLT-03895
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/aditya-intersces-pvt-ltd-new-ia-1027-nd-2022-in-ib-179-nd-2021-73afbe6d

## Summary

### Background

The case involves a new IA No. 1027/ND/2022 in IB-179/ND/2021 before the National Company Law Tribunal, New Delhi. The applicant sought withdrawal of IB-179/ND/2021 as the matter has been settled.

## Facts

JSH Packagings filed an application against Aditya Intersces Pvt. Ltd. before the NCLT, New Delhi. The applicant, JSH Packagings, sought to withdraw the petition IB-179/ND/2021 because the matter had been settled between the parties. The Learned Counsel for the petitioner requested permission for liberty, which was denied by the court as the parties had voluntarily settled the matter. The court allowed IA-1027/ND/2022 and dismissed IB-179/ND/2021 as withdrawn.

## Issues and analysis

### Issue 1: Whether the applicant's request for withdrawal of the petition IB-179/ND/2021 should be granted due …

**Ratio:** When parties have settled a matter voluntarily, the court may allow the withdrawal of the

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**Reasoning:** The court noted that the learned counsel for the petitioner sought withdrawal of

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

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**Application:** The court applied this principle by allowing IA-1027/ND/2022 and dismissing

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## Parties

- **Judges:** DHARMINDER…; SUMITA PURK…; +1 more
- **Appellants:** JSH Packa…
- **Respondents:** Aditya Intersces…
- **Advocates:** Karan…; Shivam…

## Timeline

- **2022-03-04 — Order Del…**: Order delivered on 04.03.2022 regarding…

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