In the matter of Garodia Chemicals Limited .C.P.(IB)-3(MB)2021
Case brief
What is this about?
The National Company Law Tribunal dismissed an ad-hoc application seeking withdrawal of the petition as not pressed, as the applicant preferred a Pre-Packaged Insolvency Resolution Process Petition.
What did the court decide?
Petition dismissed as not pressed.
What the court decided
NATIONAL COMPANY LAW TRIBUNAL MUMBAI BENCH, COURT-IV
132.C.P.(IB)/3(MB)2021
CORAM:
SHRI RAJESH SHARMA MEMBER (Technical)
SMT. SUCHITRA KANUPARTHI MEMBER (Judicial)
ORDER SHEET OF THE HEARING HELD ON 10.11.2021
NAME OF THE PARTY: GARODIA CHEMICALS LIMITED
SECTION 10 OF THE INSOLVENCY AND BANKRUPTCY CODE, 2016
ORDER
The Court is convened through Video Conference.
- Mr. Kunal Kanungo, a/w Mr. Jineshkumar Gandhi i/b Arihant Associates, Ld. Counsel for the Petitioner present.
- Counsel for the Petitioner seeks withdrawal of the present petition. In view of the fact that they would prefer for Pre-Packaged Insolvency Resolution Process Petition. Petition is dismissed as not pressed.
Parties & counsel
- applicant
Garodia Chemicals Limited
Coram
Rajesh Sharma
Suchitra Kanuparthi
Case details
As recorded by the court registry
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