Orix Leasing and Financial Services India Ltd. v. Gensol Engineering Ltd. & Ors.
Case brief
What is this about?
Petitioner sought withdrawal of an arbitration petition, noting the respondents were undergoing CIRP under the IBC with a Section 14 moratorium in operation. Leave and liberty to file afresh was granted and the petition was disposed of as withdrawn.
What did the court decide?
Leave and liberty to withdraw and file afresh granted.