The case involves K D Cool Tecs Pvt Ltd as the Operational Creditor (OC) and Gautam Hospitality Pvt Ltd as the Corporate Debtor (CD). The matter was listed before the National Company Law Tribunal (NCLT), Mumbai Bench.
K D Cool Tecs Pvt Ltd initiated a corporate insolvency resolution process against Gautam Hospitality Pvt Ltd under Section 9 of the IBC, 2016. The counsel for the applicant, K D Cool Tecs Pvt Ltd, informed the court that the matter had been settled amicably out of court. This settlement occurred because Gautam Hospitality Pvt Ltd paid the entire amount owed to K D Cool Tecs Pvt Ltd, as per the agreed consent terms. The court then took these consent terms on record.
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C.P. (IB)/4634(…
The court recorded that the matter was settled…
The case involves K D Cool Tecs Pvt Ltd as the Operational Creditor (OC) and Gautam Hospitality Pvt Ltd as the Corporate Debtor (CD). The matter was listed before the National Company Law Tribunal (NCLT), Mumbai Bench.
K D Cool Tecs Pvt Ltd initiated a corporate insolvency resolution process against Gautam Hospitality Pvt Ltd under Section 9 of the IBC, 2016. The counsel for the applicant, K D Cool Tecs Pvt Ltd, informed the court that the matter had been settled amicably out of court. This settlement occurred because Gautam Hospitality Pvt Ltd paid the entire amount owed to K D Cool Tecs Pvt Ltd, as per the agreed consent terms. The court then took these consent terms on record.
C.P. (IB)/4634(…
The court recorded that the matter was settled…