# In the matter of Trig Detectives Private Limited

> NCLT judgment dated 2024-03-18. Citation: TCN-2024-NCLT-02032. The case involves M/S Sawant Cafe, represented by its proprietor Mr. Ajay Sawant, as the…

- **Court:** NCLT
- **Order date:** 18 Mar 2024
- **Citation:** TCN-2024-NCLT-02032
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/trig-detectives-private-limited-5ee1a8d3

## Summary

### Background

The case involves M/S Sawant Cafe, represented by its proprietor Mr. Ajay Sawant, as the petitioner, and Trig Detectives Private Limited as the respondent. The petitioner filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel requested permission to withdraw the petition.

## Facts

M/S Sawant Cafe, represented by Mr. Ajay Sawant, filed a petition against Trig Detectives Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner, M/S Sawant Cafe, sought to initiate corporate insolvency resolution process against Trig Detectives Private Limited. However, the Corporate Debtor, Trig Detectives Private Limited, approached the petitioner to settle the matter. Consequently, the petitioner's counsel requested the court's permission to withdraw the petition. The court, after considering the submissions, allowed the withdrawal and disposed of the Corporate Petition.

## Issues and analysis

### Issue 1: Whether the petitioner should be granted permission to withdraw the petition filed under Section 9 …

**Ratio:** A petitioner is generally allowed to withdraw a petition if there is a valid reason, such

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**Reasoning:** The court considered the submission of the petitioner's counsel, who requested permission

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**Interpretation:** The right to withdraw a petition is subject to the court's discretion, ensuring

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**Application:** In this case, the court found that the Corporate Debtor's approach to settle

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## Parties

- **Judges:** Reeta K…; Madhu S…
- **Appellants:** M/S Sawant Cafe…
- **Respondents:** Trig Detectives…

## Timeline

- **2024-03-18 — Order Del…**: The order was delivered on March 18, 2024, disposing of the Corporate Petition as…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 9 — Application for initiation of corporate insolvency…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-9)

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