The case pertains to CP (IB) No. 252/Chd/Hry/2021 filed under Section 95 of the Insolvency and Bankruptcy Code, 2016. Small Industries Development Bank of India is the petitioner, acting as the financial creditor, and Suraj Saxena is the respondent, acting as the personal guarantor.
Small Industries Development Bank of India, acting as the financial creditor, filed CP (IB) No. 252/Chd/Hry/2021 against Suraj Saxena, the personal guarantor, under Section 95 of the Insolvency and Bankruptcy Code, 2016. During the proceedings, the advocate for the petitioner, Mr. Dharam Paul Garg, stated that the matter had been settled with OTS (One Time Settlement) and requested to withdraw the petition. The credentials of Mr. Vivek Bansal, RP, were verified by the Registry. The court considered the statement made by the petitioner's advocate and dismissed the petition as withdrawn.
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CP (IB) No. 252/Chd/Hry/2021 was filed under…
The petitioner-financial…
The case pertains to CP (IB) No. 252/Chd/Hry/2021 filed under Section 95 of the Insolvency and Bankruptcy Code, 2016. Small Industries Development Bank of India is the petitioner, acting as the financial creditor, and Suraj Saxena is the respondent, acting as the personal guarantor.
Small Industries Development Bank of India, acting as the financial creditor, filed CP (IB) No. 252/Chd/Hry/2021 against Suraj Saxena, the personal guarantor, under Section 95 of the Insolvency and Bankruptcy Code, 2016. During the proceedings, the advocate for the petitioner, Mr. Dharam Paul Garg, stated that the matter had been settled with OTS (One Time Settlement) and requested to withdraw the petition. The credentials of Mr. Vivek Bansal, RP, were verified by the Registry. The court considered the statement made by the petitioner's advocate and dismissed the petition as withdrawn.
CP (IB) No. 252/Chd/Hry/2021 was filed under…
The petitioner-financial…