The case involves a matter between Mahalaxmi Brick Field through Balaram Singh Chauhan and Simplex Infrastructures Limited. The matter was brought before the National Company Law Tribunal (NCLT), Kolkata Bench under Section 9 of the Insolvency and Bankruptcy Code (IBC).
Mahalaxmi Brick Field through Balaram Singh Chauhan initiated a corporate insolvency resolution process against Simplex Infrastructures Limited under Section 9 of the IBC. During the proceedings before the NCLT Kolkata Bench, both parties informed the court that they had reached a settlement outside of the court. As a result, the application C.P. (IB)/1039(KB)2020 was dismissed as withdrawn.
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The case involves a matter between Mahalaxmi Brick Field through Balaram Singh Chauhan and Simplex Infrastructures Limited. The matter was brought before the National Company Law Tribunal (NCLT), Kolkata Bench under Section 9 of the Insolvency and Bankruptcy Code (IBC).
Mahalaxmi Brick Field through Balaram Singh Chauhan initiated a corporate insolvency resolution process against Simplex Infrastructures Limited under Section 9 of the IBC. During the proceedings before the NCLT Kolkata Bench, both parties informed the court that they had reached a settlement outside of the court. As a result, the application C.P. (IB)/1039(KB)2020 was dismissed as withdrawn.
Hearing held o…
Learned counsel…