The case involves an application filed by the Applicant/Financial Creditor to place on record the consent terms entered between the parties on 2022-11-16. The Financial Creditor's counsel submits that the Corporate Debtor will make the payment as per the consent terms, satisfying the Financial Creditor in full.
An application was filed by the Applicant/Financial Creditor to record the consent terms agreed upon by the parties on 2022-11-16. The Financial Creditor's counsel stated that the Corporate Debtor would make payments as per the consent terms, fully satisfying the Financial Creditor. The Financial Creditor also requested the liberty to revive the petition if the consent terms were breached. The parties' submissions were recorded, and the court noted the agreement on the consent terms.
Sign in to view the parties.
The parties entered…
The court heard the…
Sign in to view related legal provisions.
The case involves an application filed by the Applicant/Financial Creditor to place on record the consent terms entered between the parties on 2022-11-16. The Financial Creditor's counsel submits that the Corporate Debtor will make the payment as per the consent terms, satisfying the Financial Creditor in full.
An application was filed by the Applicant/Financial Creditor to record the consent terms agreed upon by the parties on 2022-11-16. The Financial Creditor's counsel stated that the Corporate Debtor would make payments as per the consent terms, fully satisfying the Financial Creditor. The Financial Creditor also requested the liberty to revive the petition if the consent terms were breached. The parties' submissions were recorded, and the court noted the agreement on the consent terms.
The parties entered…
The court heard the…
Sign in to view related legal provisions.