The case involves ALP Consulting Limited, the Operational Creditor/Applicant, versus Patch Software Pvt. Ltd., the Corporate Debtor/Respondent. The matter was brought before the National Company Law Tribunal (NCLT), Jaipur Bench, under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The case was heard through video conferencing.
ALP Consulting Limited, as the Operational Creditor/Applicant, initiated a Corporate Insolvency Resolution Process (CIRP) against Patch Software Pvt. Ltd., the Corporate Debtor/Respondent, under Section 9 of the IBC, 2016. The case was CP No. (IB)- 120/9/JPR/2020. During the proceedings, the Petitioner's counsel, Mr. Shashank Kasliwal, informed the court that the matter had been settled between the parties and sought permission to withdraw the petition. The Respondent did not appear. The key fact is the settlement between the parties, leading to the withdrawal request.
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Corporate Insolvency Resolution Process…
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The case involves ALP Consulting Limited, the Operational Creditor/Applicant, versus Patch Software Pvt. Ltd., the Corporate Debtor/Respondent. The matter was brought before the National Company Law Tribunal (NCLT), Jaipur Bench, under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The case was heard through video conferencing.
ALP Consulting Limited, as the Operational Creditor/Applicant, initiated a Corporate Insolvency Resolution Process (CIRP) against Patch Software Pvt. Ltd., the Corporate Debtor/Respondent, under Section 9 of the IBC, 2016. The case was CP No. (IB)- 120/9/JPR/2020. During the proceedings, the Petitioner's counsel, Mr. Shashank Kasliwal, informed the court that the matter had been settled between the parties and sought permission to withdraw the petition. The Respondent did not appear. The key fact is the settlement between the parties, leading to the withdrawal request.
Corporate Insolvency Resolution Process…
Court grants permission to withdraw the…
Sign in to view related legal provisions.