The case involves an application filed under Section 12-A of the Code seeking permission for withdrawal of an application filed by the Operational Creditor against the Corporate Debtor through RP. The matter has been settled, and a Settlement Agreement dated 03.10.2022 is attached as Annexure A3.
Dextra India Pvt. Ltd., the Operational Creditor, filed an application against RCC Infraventures, the Corporate Debtor. The application was filed under Section 12-A of the Code, seeking permission to withdraw the initial application. A settlement agreement dated 03.10.2022 was reached between the parties, leading to the request for withdrawal. The Respondent had already been proceeded ex parte vide order dated 30.06.2022. The court considered the settlement agreement and allowed the withdrawal, dismissing the main CP(IB) No. 182/Chd/Hry/2020.
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Respondent proceeded ex…
Settlement Agreement…
The case involves an application filed under Section 12-A of the Code seeking permission for withdrawal of an application filed by the Operational Creditor against the Corporate Debtor through RP. The matter has been settled, and a Settlement Agreement dated 03.10.2022 is attached as Annexure A3.
Dextra India Pvt. Ltd., the Operational Creditor, filed an application against RCC Infraventures, the Corporate Debtor. The application was filed under Section 12-A of the Code, seeking permission to withdraw the initial application. A settlement agreement dated 03.10.2022 was reached between the parties, leading to the request for withdrawal. The Respondent had already been proceeded ex parte vide order dated 30.06.2022. The court considered the settlement agreement and allowed the withdrawal, dismissing the main CP(IB) No. 182/Chd/Hry/2020.
Respondent proceeded ex…
Settlement Agreement…