The case involves an application under Section 9 of the Insolvency and Bankruptcy Code (IBC). The operational creditor and the corporate debtor have amicably settled the matter and executed a settlement deed dated 2022-03-14. The copy of the settlement deed is annexed with the pursis filed by the Applicant.
Kenil Ploymers filed an application against Status Seramik India Pvt Ltd under Section 9 of the IBC. The parties reached an amicable settlement and executed a settlement deed dated 2022-03-14. The applicant then sought to withdraw the application. The copy of the settlement deed was annexed with the pursis filed by the applicant. The court granted the prayer for withdrawal and disposed of the application.
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Parties amicably…
Application allowed to…
The case involves an application under Section 9 of the Insolvency and Bankruptcy Code (IBC). The operational creditor and the corporate debtor have amicably settled the matter and executed a settlement deed dated 2022-03-14. The copy of the settlement deed is annexed with the pursis filed by the Applicant.
Kenil Ploymers filed an application against Status Seramik India Pvt Ltd under Section 9 of the IBC. The parties reached an amicable settlement and executed a settlement deed dated 2022-03-14. The applicant then sought to withdraw the application. The copy of the settlement deed was annexed with the pursis filed by the applicant. The court granted the prayer for withdrawal and disposed of the application.
Parties amicably…
Application allowed to…