Kumar Trading Corporation, v. Ramesh Patel
Case brief
What is this about?
The High Court at Bombay dismissed the insolvency petition, seeking withdrawal on the ground of settlement, as no claims were received post-notice.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
IN ITS INSOLVENCY JURISDICTION
PETITION NO.14 OF 2009
Ramesh Patel ..Debtor.
Kumar Trading Corporation
..Petitioning Creditor.
Mr. C.A. Shukla i/b Mr. B.S. Chandnani for the Petitioning Creditor.
CORAM: DR. D.Y. CHANDRACHUD, J.
3rd November, 2009.
P.C. :
The Petitioner has sought the withdrawal of the Petition on the ground that it is settled out of Court. The proposed withdrawal was advertised in two newspapers viz. Navshakti and Free Press Journal on 9th October, 2009 in pursuance of the order of the Learned Single Judge dated 1st September, 2009. No claims have been received. In these circumstances, the Petition is, in terms of the request made to the Court, dismissed as withdrawn.
D.Y. Chandrachud
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court