This case involves PNB Housing Finance Ltd as the applicant and Mr. Jaideeep Avtar Singh, the personal guarantor to Global Mega Ventures Pvt Ltd, as the respondent. The proceedings are under Section 95 of the Insolvency and Bankruptcy Code (IBC). The applicant sought to withdraw the main matter, C.P.(IB)/2(MP)2022, with the liberty to file it again if needed.
PNB Housing Finance Ltd filed an application against Mr. Jaideeep Avtar Singh, who is the personal guarantor to Global Mega Ventures Pvt Ltd, under Section 95 of the IBC. The applicant, PNB Housing Finance Ltd, through its counsel Mr. Jaimin R Dave, sought to withdraw the main application, C.P.(IB)/2(MP)2022, along with IA/120(MP)2022 and IA/122(MP)2022, with the liberty to refile if necessary. The applicant's counsel stated that they had instructions to withdraw the matter. The relevance of the facts lies in the applicant's decision to withdraw the case, which the court subsequently approved.
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Learned counsel Mr. Jaimin R Dave appeared and…
Order delivered on…
This case involves PNB Housing Finance Ltd as the applicant and Mr. Jaideeep Avtar Singh, the personal guarantor to Global Mega Ventures Pvt Ltd, as the respondent. The proceedings are under Section 95 of the Insolvency and Bankruptcy Code (IBC). The applicant sought to withdraw the main matter, C.P.(IB)/2(MP)2022, with the liberty to file it again if needed.
PNB Housing Finance Ltd filed an application against Mr. Jaideeep Avtar Singh, who is the personal guarantor to Global Mega Ventures Pvt Ltd, under Section 95 of the IBC. The applicant, PNB Housing Finance Ltd, through its counsel Mr. Jaimin R Dave, sought to withdraw the main application, C.P.(IB)/2(MP)2022, along with IA/120(MP)2022 and IA/122(MP)2022, with the liberty to refile if necessary. The applicant's counsel stated that they had instructions to withdraw the matter. The relevance of the facts lies in the applicant's decision to withdraw the case, which the court subsequently approved.
Learned counsel Mr. Jaimin R Dave appeared and…
Order delivered on…