The case involves an application (MA (IBC) No. 01/JPR/2023) filed by the Petitioner under Rule 8 read with Rule 6 of IBC (Application to Adjudicating Authority) Rules, 2016, seeking withdrawal of the main petition. The matter is before the National Company Law Tribunal, Jaipur Bench.
Sudarshan Chemical Industries Ltd., the Operational Creditor/Applicant, filed an application MA (IBC) No. 01/JPR/2023 seeking to withdraw the main petition against Prayag Polytech Pvt. Ltd., the Corporate Debtor/Respondent. The application was filed under Rule 8 read with Rule 6 of the IBC (Application to Adjudicating Authority) Rules, 2016. The court heard the advocates for both parties and granted permission for the withdrawal. Consequently, CP No. (IB)-296/9/JPR/2019 was dismissed as withdrawn.
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Order passed by the NCLT Jaipur Bench allowing…
The case involves an application (MA (IBC) No. 01/JPR/2023) filed by the Petitioner under Rule 8 read with Rule 6 of IBC (Application to Adjudicating Authority) Rules, 2016, seeking withdrawal of the main petition. The matter is before the National Company Law Tribunal, Jaipur Bench.
Sudarshan Chemical Industries Ltd., the Operational Creditor/Applicant, filed an application MA (IBC) No. 01/JPR/2023 seeking to withdraw the main petition against Prayag Polytech Pvt. Ltd., the Corporate Debtor/Respondent. The application was filed under Rule 8 read with Rule 6 of the IBC (Application to Adjudicating Authority) Rules, 2016. The court heard the advocates for both parties and granted permission for the withdrawal. Consequently, CP No. (IB)-296/9/JPR/2019 was dismissed as withdrawn.
Order passed by the NCLT Jaipur Bench allowing…