The case involves an application (IA 1221/2022) filed in connection with a Company Petition (CP (IB) No. 3772/MB/2019). The creditor and debtor jointly filed an affidavit seeking permission to withdraw the main Company Petition. The reason for the withdrawal is that the issue involved has been amicably settled out of court between the parties.
Priti Piyush Shah & Anr filed a Company Petition (CP (IB) No. 3772/MB/2019) against Vedarambh Properties LLP. The creditor and debtor filed a joint application (IA 1221/2022) seeking permission to withdraw the main Company Petition. The reason for the withdrawal was that the entire amount of Rs. 1,82,46,930 claimed in the petition had been paid by the debtor, Vedarambh Properties LLP, to the creditor, Priti Piyush Shah & Anr. Both parties agreed that the matter had been amicably settled out of court, and there was no reason to continue with the settlement. The key fact is the full payment of the debt, leading to the amicable settlement and subsequent withdrawal request.
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CP (IB) No. 3772/MB/2019…
Order sheet…
The case involves an application (IA 1221/2022) filed in connection with a Company Petition (CP (IB) No. 3772/MB/2019). The creditor and debtor jointly filed an affidavit seeking permission to withdraw the main Company Petition. The reason for the withdrawal is that the issue involved has been amicably settled out of court between the parties.
Priti Piyush Shah & Anr filed a Company Petition (CP (IB) No. 3772/MB/2019) against Vedarambh Properties LLP. The creditor and debtor filed a joint application (IA 1221/2022) seeking permission to withdraw the main Company Petition. The reason for the withdrawal was that the entire amount of Rs. 1,82,46,930 claimed in the petition had been paid by the debtor, Vedarambh Properties LLP, to the creditor, Priti Piyush Shah & Anr. Both parties agreed that the matter had been amicably settled out of court, and there was no reason to continue with the settlement. The key fact is the full payment of the debt, leading to the amicable settlement and subsequent withdrawal request.
CP (IB) No. 3772/MB/2019…
Order sheet…