The case involves Tirupati Commercials versus Nayek Paper Industries Private Limited. The parties jointly submitted terms of settlement, which were filed with the registry. The case, CP(IB)/48(KB)2019, was subsequently disposed of.
Tirupati Commercials initiated a case against Nayek Paper Industries Private Limited under the IBC, Section 9. Both parties, represented by their respective counsels, jointly submitted terms of settlement to the court registry. The court acknowledged the settlement and disposed of the case, CP(IB)/48(KB)2019. The terms of settlement are to be considered part of the court's order. The operational creditor, Tirupati Commercials, is granted the liberty to revive the petition if the terms of the settlement are not fulfilled.
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Attendance-cum-order…
Ld. Counsel for the parties jointly submit…
The case involves Tirupati Commercials versus Nayek Paper Industries Private Limited. The parties jointly submitted terms of settlement, which were filed with the registry. The case, CP(IB)/48(KB)2019, was subsequently disposed of.
Tirupati Commercials initiated a case against Nayek Paper Industries Private Limited under the IBC, Section 9. Both parties, represented by their respective counsels, jointly submitted terms of settlement to the court registry. The court acknowledged the settlement and disposed of the case, CP(IB)/48(KB)2019. The terms of settlement are to be considered part of the court's order. The operational creditor, Tirupati Commercials, is granted the liberty to revive the petition if the terms of the settlement are not fulfilled.
Attendance-cum-order…
Ld. Counsel for the parties jointly submit…