The case involves an application for withdrawal of a Company Application submitted under Section 10 of the Insolvency and Bankruptcy Code, 2016, and Rule 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, and NCLT Rules 2016. The applicant seeks permission to withdraw the application.
K & A Propcon LLP filed a Company Application under Section 10 of the Insolvency and Bankruptcy Code, 2016. The applicant, represented by Mr. Brij Kishor Sharma PCS, sought to withdraw the application. Mr. Shivangshu Naval Adv. and Ms. Akanksha Naval Adv., appearing for the interveners, had no objection to the withdrawal. The NCLT, Jaipur Bench, presided over by Hon'ble Mr. Deep Chandra Joshi (Judicial Member) and Hon'ble Mr. Raghu Nayyar (Technical Member), considered the application for withdrawal. CP No. (IB)- 31/10/JPR/2021 was related to this matter, as was Ivn. P No. 05/JPR/2021. The application for withdrawal was granted, leading to the dismissal of the CP No. and the disposal of the Ivn. P No. as infructuous.
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K & A Propcon LLP filed a Company Application…
The applicant sought…
The case involves an application for withdrawal of a Company Application submitted under Section 10 of the Insolvency and Bankruptcy Code, 2016, and Rule 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, and NCLT Rules 2016. The applicant seeks permission to withdraw the application.
K & A Propcon LLP filed a Company Application under Section 10 of the Insolvency and Bankruptcy Code, 2016. The applicant, represented by Mr. Brij Kishor Sharma PCS, sought to withdraw the application. Mr. Shivangshu Naval Adv. and Ms. Akanksha Naval Adv., appearing for the interveners, had no objection to the withdrawal. The NCLT, Jaipur Bench, presided over by Hon'ble Mr. Deep Chandra Joshi (Judicial Member) and Hon'ble Mr. Raghu Nayyar (Technical Member), considered the application for withdrawal. CP No. (IB)- 31/10/JPR/2021 was related to this matter, as was Ivn. P No. 05/JPR/2021. The application for withdrawal was granted, leading to the dismissal of the CP No. and the disposal of the Ivn. P No. as infructuous.
K & A Propcon LLP filed a Company Application…
The applicant sought…