The case involves Airen Copper Pvt. Ltd. as the Operational Creditor/Applicant and Fatehpuria Transformers and Switchgears Pvt. Ltd. as the Corporate Debtor/Respondent. The Corporate Debtor moved an application stating that the parties have amicably settled their dispute by executing a settlement deed dated 2024-07-11. The applicant requested to withdraw the petition.
Airen Copper Pvt. Ltd. initiated proceedings against Fatehpuria Transformers and Switchgears Pvt. Ltd. under Section 9 of the IBC, 2016. The Corporate Debtor, Fatehpuria Transformers and Switchgears Pvt. Ltd., filed an application stating that both parties had amicably settled their dispute by executing a settlement deed dated 2024-07-11. Airen Copper Pvt. Ltd. then requested the court to allow the withdrawal of the petition in light of the settlement. The settlement agreement was attached with the application.
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Parties amicably…
CP No. (IB)- 21/9/JPR/2021 dismissed as…
The case involves Airen Copper Pvt. Ltd. as the Operational Creditor/Applicant and Fatehpuria Transformers and Switchgears Pvt. Ltd. as the Corporate Debtor/Respondent. The Corporate Debtor moved an application stating that the parties have amicably settled their dispute by executing a settlement deed dated 2024-07-11. The applicant requested to withdraw the petition.
Airen Copper Pvt. Ltd. initiated proceedings against Fatehpuria Transformers and Switchgears Pvt. Ltd. under Section 9 of the IBC, 2016. The Corporate Debtor, Fatehpuria Transformers and Switchgears Pvt. Ltd., filed an application stating that both parties had amicably settled their dispute by executing a settlement deed dated 2024-07-11. Airen Copper Pvt. Ltd. then requested the court to allow the withdrawal of the petition in light of the settlement. The settlement agreement was attached with the application.
Parties amicably…
CP No. (IB)- 21/9/JPR/2021 dismissed as…