The case pertains to C.P.(IB)/533(MB)/2021 before the National Company Law Tribunal, Mumbai Bench. The order sheet reflects a hearing held on March 22, 2022, involving Emes Trading Pvt. Ltd. versus Shree Naman Developers Pvt. Ltd. The matter was convened through video conference.
The case involves Emes Trading Pvt. Ltd. as the Financial Creditor and Shree Naman Developers Pvt. Ltd. The Financial Creditor filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016. During the hearing on March 22, 2022, the Financial Creditor's counsel informed the court that the matter had been amicably settled. The original claim was Rs. 2.89 crore, but the settled amount was Rs. 2.54 crore. Consequently, the Financial Creditor sought to withdraw the petition. The court allowed the withdrawal, leading to the dismissal of the petition. The Corporate Debtor's counsel was not present during the hearing.
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Hearing held on March 22, 2022, where the…
The petition [C.P.(IB)/533(MB)/2021] was…
The case pertains to C.P.(IB)/533(MB)/2021 before the National Company Law Tribunal, Mumbai Bench. The order sheet reflects a hearing held on March 22, 2022, involving Emes Trading Pvt. Ltd. versus Shree Naman Developers Pvt. Ltd. The matter was convened through video conference.
The case involves Emes Trading Pvt. Ltd. as the Financial Creditor and Shree Naman Developers Pvt. Ltd. The Financial Creditor filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016. During the hearing on March 22, 2022, the Financial Creditor's counsel informed the court that the matter had been amicably settled. The original claim was Rs. 2.89 crore, but the settled amount was Rs. 2.54 crore. Consequently, the Financial Creditor sought to withdraw the petition. The court allowed the withdrawal, leading to the dismissal of the petition. The Corporate Debtor's counsel was not present during the hearing.
Hearing held on March 22, 2022, where the…
The petition [C.P.(IB)/533(MB)/2021] was…