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.
M/S Sawant Cafe, through its proprietor Mr. Ajay Sawant, initiated a Corporate Insolvency Resolution Process (CIRP) against Trig Detectives Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. Subsequently, the Corporate Debtor approached the petitioner to settle the matter out of court. Consequently, the petitioner sought permission from the National Company Law Tribunal (NCLT), Mumbai Bench, to withdraw the petition. The NCLT considered the submissions and disposed of the petition as withdrawn.
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The order was delivered…
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.
M/S Sawant Cafe, through its proprietor Mr. Ajay Sawant, initiated a Corporate Insolvency Resolution Process (CIRP) against Trig Detectives Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. Subsequently, the Corporate Debtor approached the petitioner to settle the matter out of court. Consequently, the petitioner sought permission from the National Company Law Tribunal (NCLT), Mumbai Bench, to withdraw the petition. The NCLT considered the submissions and disposed of the petition as withdrawn.
The order was delivered…