The case involves an application under Section 7 of the IBC. The applicant/liquidator states that they received an email regarding payment against 30 grams of gold and cash deposited against the cash balance. Further instructions were given to apply for withdrawal of the application as nothing survives in the application.
The applicant/liquidator received an email concerning payment against 30 grams of gold and cash deposited against the cash balance. The email contained instructions to apply for withdrawal of the application. The applicant's counsel stated that nothing survives in the application and the prayers stand satisfied. The relevance of these facts is that they form the basis for the applicant's request to withdraw the application, which the court subsequently granted.
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The case involves an application under Section 7 of the IBC. The applicant/liquidator states that they received an email regarding payment against 30 grams of gold and cash deposited against the cash balance. Further instructions were given to apply for withdrawal of the application as nothing survives in the application.
The applicant/liquidator received an email concerning payment against 30 grams of gold and cash deposited against the cash balance. The email contained instructions to apply for withdrawal of the application. The applicant's counsel stated that nothing survives in the application and the prayers stand satisfied. The relevance of these facts is that they form the basis for the applicant's request to withdraw the application, which the court subsequently granted.
Order delivere…
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