The case involves an application for withdrawal of CP No. (IB)-274/7/JPR/2019 filed under Section 7 of the IBC, 2016. The applicant sought to withdraw the petition unconditionally, and permission was granted. The corporate debtor has handed over a sum of Rs. 2,45,00,000/- to the financial creditor by way of 6 cheques on different dates as mentioned in para 5 of the application. In the order dated 15.11.2021, it was submitted that the Financial Creditor would not press with the NI Act / FIR proceedings in respect of this matter during this period.
Sangeeta B. Agarwal, through Authorised Representative POA Holder, Banshidhar D. Agarwal, filed a CP No. (IB)-274/7/JPR/2019 under Section 7 of the IBC, 2016, against M/s F S Housing Pvt. Ltd. The Applicant then filed IA No. 232/JPR/2022 seeking to withdraw the CP. The Corporate Debtor handed over Rs. 2,45,00,000/- to the Financial Creditor via six cheques. The Financial Creditor agreed not to press charges under the NI Act/FIR. The IA was allowed, and the CP was dismissed as withdrawn.
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CP No. (IB)-274/7/JPR/20…
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The case involves an application for withdrawal of CP No. (IB)-274/7/JPR/2019 filed under Section 7 of the IBC, 2016. The applicant sought to withdraw the petition unconditionally, and permission was granted. The corporate debtor has handed over a sum of Rs. 2,45,00,000/- to the financial creditor by way of 6 cheques on different dates as mentioned in para 5 of the application. In the order dated 15.11.2021, it was submitted that the Financial Creditor would not press with the NI Act / FIR proceedings in respect of this matter during this period.
Sangeeta B. Agarwal, through Authorised Representative POA Holder, Banshidhar D. Agarwal, filed a CP No. (IB)-274/7/JPR/2019 under Section 7 of the IBC, 2016, against M/s F S Housing Pvt. Ltd. The Applicant then filed IA No. 232/JPR/2022 seeking to withdraw the CP. The Corporate Debtor handed over Rs. 2,45,00,000/- to the Financial Creditor via six cheques. The Financial Creditor agreed not to press charges under the NI Act/FIR. The IA was allowed, and the CP was dismissed as withdrawn.
CP No. (IB)-274/7/JPR/20…
Submission that…
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