In the matter of Investment One Consultants LLP C.P.(IB)-4608(MB)-2019
Case brief
What is this about?
The Tribunal allowed the Financial Creditor's application to withdraw the Company Petition filed under Section 7 of the Insolvency and Bankruptcy Code (CP-4608-2019). The withdrawal was granted as the parties explored and decided upon an alternative remedy. The petition was disposed of as withdrawn.
What did the court decide?
Permission to withdraw the Company Petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 granted.