The case involves a petition under Section 9 of the IBC 2016, filed by Momentus Digital Media Pvt. Ltd. against Korra Worldwide Advertising Pvt. Ltd. The petitioner sought to initiate corporate insolvency resolution process against the respondent. The learned counsel for the petitioner stated that the parties have settled the matter amicably.
Momentus Digital Media Pvt. Ltd. filed a petition against Korra Worldwide Advertising Pvt. Ltd. under Section 9 of the IBC 2016. The petitioner, represented by Mr. Siddharth Kuruchi, sought to initiate corporate insolvency resolution process against the respondent, represented by Mr. Nahush Jain. The learned counsel for the petitioner stated that the parties had settled the matter amicably on 2023-03-18. Although a copy of the settlement was shown, it was not placed on record. Based on the petitioner's counsel's statement, the court dismissed the petition.
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The court dismissed the petition CP (IB) No.…
The case involves a petition under Section 9 of the IBC 2016, filed by Momentus Digital Media Pvt. Ltd. against Korra Worldwide Advertising Pvt. Ltd. The petitioner sought to initiate corporate insolvency resolution process against the respondent. The learned counsel for the petitioner stated that the parties have settled the matter amicably.
Momentus Digital Media Pvt. Ltd. filed a petition against Korra Worldwide Advertising Pvt. Ltd. under Section 9 of the IBC 2016. The petitioner, represented by Mr. Siddharth Kuruchi, sought to initiate corporate insolvency resolution process against the respondent, represented by Mr. Nahush Jain. The learned counsel for the petitioner stated that the parties had settled the matter amicably on 2023-03-18. Although a copy of the settlement was shown, it was not placed on record. Based on the petitioner's counsel's statement, the court dismissed the petition.
Parties repo…
The court dismissed the petition CP (IB) No.…