The case involves Intec Capital Ltd. as the applicant and M/s. Davinder Singh Chawla as the respondent. The matter pertains to an application under Section 95 of the Insolvency and Bankruptcy Code (IBC). The Resolution Professional and the Counsel submitted that the matter has been amicably resolved between the Creditor and the Guarantor, leading to a request for withdrawal of the matter.
Intec Capital Ltd. filed an application against M/s. Davinder Singh Chawla under Section 95 of the IBC. The Resolution Professional and the counsels for both parties informed the court that the matter had been amicably resolved between the creditor and the guarantor. Consequently, they requested permission to withdraw the application. The court considered the request and granted leave to withdraw the matter. The matter was then dismissed as withdrawn, and the Insolvency Professional was relieved of their duties. The Section 95 application, which was already scheduled for a later date, was deemed unnecessary to be listed again.
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The court delivered the order granting leave to…
The Section 95 application was previously…
The case involves Intec Capital Ltd. as the applicant and M/s. Davinder Singh Chawla as the respondent. The matter pertains to an application under Section 95 of the Insolvency and Bankruptcy Code (IBC). The Resolution Professional and the Counsel submitted that the matter has been amicably resolved between the Creditor and the Guarantor, leading to a request for withdrawal of the matter.
Intec Capital Ltd. filed an application against M/s. Davinder Singh Chawla under Section 95 of the IBC. The Resolution Professional and the counsels for both parties informed the court that the matter had been amicably resolved between the creditor and the guarantor. Consequently, they requested permission to withdraw the application. The court considered the request and granted leave to withdraw the matter. The matter was then dismissed as withdrawn, and the Insolvency Professional was relieved of their duties. The Section 95 application, which was already scheduled for a later date, was deemed unnecessary to be listed again.
The court delivered the order granting leave to…
The Section 95 application was previously…