The case involves a dispute between Agx Logistics India Pvt Ltd and Larsen & Toubro Ltd. The counsels for the Operational Creditor (OC) and the Corporate Debtor (CD) jointly submitted that the matter has been settled between the parties, and they have also filed a Memo of Withdrawal.
Agx Logistics India Pvt Ltd initiated a Corporate Petition against Larsen & Toubro Ltd. During the proceedings, both parties reached a settlement. The counsels representing both the Operational Creditor (Agx Logistics) and the Corporate Debtor (Larsen & Toubro Ltd) jointly informed the court about the settlement. A Memo of Withdrawal was filed with the court, indicating the parties' intention to withdraw the petition based on the settlement. The key fact is the settlement between the parties, leading to the filing of the Memo of Withdrawal and the subsequent disposal of the petition.
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The order sh…
Counsel for the OC and the CD jointly submit…
The case involves a dispute between Agx Logistics India Pvt Ltd and Larsen & Toubro Ltd. The counsels for the Operational Creditor (OC) and the Corporate Debtor (CD) jointly submitted that the matter has been settled between the parties, and they have also filed a Memo of Withdrawal.
Agx Logistics India Pvt Ltd initiated a Corporate Petition against Larsen & Toubro Ltd. During the proceedings, both parties reached a settlement. The counsels representing both the Operational Creditor (Agx Logistics) and the Corporate Debtor (Larsen & Toubro Ltd) jointly informed the court about the settlement. A Memo of Withdrawal was filed with the court, indicating the parties' intention to withdraw the petition based on the settlement. The key fact is the settlement between the parties, leading to the filing of the Memo of Withdrawal and the subsequent disposal of the petition.
The order sh…
Counsel for the OC and the CD jointly submit…