The State Bank of India filed an application, and during the proceedings, the applicant sought to withdraw the present application.
The State Bank of India initiated a case under Section 95 of the IBC, 2016. The applicant then sought to withdraw the application. The court considered the applicant's request and dismissed the application as withdrawn, granting the applicant the liberty to approach the IBBI for redressal of grievances. The key fact is the applicant's decision to withdraw the application, leading to its dismissal and the applicant's recourse to the IBBI.
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Order delivered on…
The State Bank of India filed an application, and during the proceedings, the applicant sought to withdraw the present application.
The State Bank of India initiated a case under Section 95 of the IBC, 2016. The applicant then sought to withdraw the application. The court considered the applicant's request and dismissed the application as withdrawn, granting the applicant the liberty to approach the IBBI for redressal of grievances. The key fact is the applicant's decision to withdraw the application, leading to its dismissal and the applicant's recourse to the IBBI.
Order delivered on…