In the matter of Eiffel India Infraprojects Private Limited C.P. (IB)-988-MB-2019
Case brief
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What the court decided
NATIONAL COMPANY LAW TRIBUNAL, MUMBAI BENCH COURT III
- -C.P.(IB)-988/MB)/2019
CORAM: SHRI H.V. SUBBA RAO, MEMBER (J) SHRI CHANDRA BHAN SINGH, MEMBER (T)
ORDER SHEET OF THE HEARING OF MUMBAI BENCH OF THE NATIONAL COMPANY LAW TRIBUNAL ON 14.07.2021
NAME OF THE PARTIES: Bigbloc Construction Limited
V/S
Eiffel India Infraprojects Private Limited
SECTION 9 OF INSOLVENCY AND BANKRUPTCY CODE, 2016
ORDER
Mr. Dhirren R. Dave counsel appearing for the petitioner, Mr. Aniket Malu, counsel appearing for the respondent are present through virtual hearing.
Counsel appearing for the petitioner requested orally permission to withdraw the above company petition bearing No. 988/2019, on the ground that the matter is settled between the parties. Operational Creditor has received the entire amount oral Permission is granted for withdrawal of the company petition. Accordingly, above company petition no. 988/2019 is stand disposed of as withdrawn.
Issues for consideration
1 issue framed by the court
Whether permission to withdraw a Section 9 company petition under the Insolvency and Bankruptcy Code, 2016 should be granted on the ground of settlement.
Parties & counsel
- petitioner
Bigbloc Construction Limited
- respondent
Eiffel India Infraprojects Private Limited
Coram
H.V. Subba Rao
Case details
As recorded by the court registry
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