The case pertains to a petition filed by Union Bank of India against Mauria Udyog Ltd under the Insolvency and Bankruptcy Code (IBC). The hearing was held on June 20, 2023, before the National Company Law Tribunal (NCLT), Kolkata Bench.
Union Bank of India filed a petition against Mauria Udyog Ltd under the IBC. During the hearing on June 20, 2023, the counsel for Union Bank of India stated that the matter had been settled between the parties. The entire amount due had been paid by Mauria Udyog Ltd to Union Bank of India, and this was corroborated by the counsel for the Corporate Debtor. Consequently, Union Bank of India sought to withdraw the petition. The key fact is the settlement and full payment, leading to the withdrawal request.
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Hearing held on June…
Settlement reached between Union Bank of India…
The case pertains to a petition filed by Union Bank of India against Mauria Udyog Ltd under the Insolvency and Bankruptcy Code (IBC). The hearing was held on June 20, 2023, before the National Company Law Tribunal (NCLT), Kolkata Bench.
Union Bank of India filed a petition against Mauria Udyog Ltd under the IBC. During the hearing on June 20, 2023, the counsel for Union Bank of India stated that the matter had been settled between the parties. The entire amount due had been paid by Mauria Udyog Ltd to Union Bank of India, and this was corroborated by the counsel for the Corporate Debtor. Consequently, Union Bank of India sought to withdraw the petition. The key fact is the settlement and full payment, leading to the withdrawal request.
Hearing held on June…
Settlement reached between Union Bank of India…