An application was filed by the Operational Creditor seeking withdrawal of the IB application under Section 9 of the Code. The Operational Creditor stated that the parties had amicably settled the matter and executed a Memorandum of Settlement dated 18.09.2021, which was placed on record.
My Kind Vacations Pvt. Ltd. filed an application against M/s I Yogi Technical Service Pvt. Ltd. under Section 9 of the IBC. The Operational Creditor (My Kind Vacations Pvt. Ltd.) sought to withdraw the application because the parties amicably settled the matter and executed a Memorandum of Settlement dated 18.09.2021. The RP stated that no CIRP costs were pending, and the IRP consented to the withdrawal. The CoC was not formed.
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Parties exec…
The court allowed the…
An application was filed by the Operational Creditor seeking withdrawal of the IB application under Section 9 of the Code. The Operational Creditor stated that the parties had amicably settled the matter and executed a Memorandum of Settlement dated 18.09.2021, which was placed on record.
My Kind Vacations Pvt. Ltd. filed an application against M/s I Yogi Technical Service Pvt. Ltd. under Section 9 of the IBC. The Operational Creditor (My Kind Vacations Pvt. Ltd.) sought to withdraw the application because the parties amicably settled the matter and executed a Memorandum of Settlement dated 18.09.2021. The RP stated that no CIRP costs were pending, and the IRP consented to the withdrawal. The CoC was not formed.
Parties exec…
The court allowed the…