The case involves a Company Petition IB/188/2022 before the National Company Law Tribunal (NCLT), Hyderabad Bench. The petitioner, Vestas Wind Technology India Pvt Ltd, filed the petition against the respondent, Vibrant Greentech India Pvt Ltd. The petition was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC).
The case originates from a Company Petition, specifically IB/188/2022, filed under Section 9 of the IBC. Vestas Wind Technology India Pvt Ltd initiated the petition against Vibrant Greentech India Pvt Ltd. During the hearing, the petitioner's counsel submitted a withdrawal memo, signaling their intent to discontinue the legal action. The presence of Mr. Y. Suryanarayana, representing the corporate debtor, Vibrant Greentech India Pvt Ltd, is noted. The key fact is the petitioner's decision to withdraw the petition, leading to its dismissal.
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The case involves a Company Petition IB/188/2022 before the National Company Law Tribunal (NCLT), Hyderabad Bench. The petitioner, Vestas Wind Technology India Pvt Ltd, filed the petition against the respondent, Vibrant Greentech India Pvt Ltd. The petition was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC).
The case originates from a Company Petition, specifically IB/188/2022, filed under Section 9 of the IBC. Vestas Wind Technology India Pvt Ltd initiated the petition against Vibrant Greentech India Pvt Ltd. During the hearing, the petitioner's counsel submitted a withdrawal memo, signaling their intent to discontinue the legal action. The presence of Mr. Y. Suryanarayana, representing the corporate debtor, Vibrant Greentech India Pvt Ltd, is noted. The key fact is the petitioner's decision to withdraw the petition, leading to its dismissal.
Hearing he…
Counsel for the…
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