The National Company Law Tribunal allowed the applicant's application to withdraw the interim insolvency resolution process application (IB-1092/ND/2020) filed under Section 9 of the IBC, 2016 against the respondent.
The Interim Insolvency Resolution Process Application IB-1092/ND/2020 stands withdrawn and disposed of.
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 NATIONAL COMPANY LAW TRIBUNAL: NEW DELHI COURT – IV
ITEM No.2
IA No. 3424/ND/2021 (IB)/1092/ND/2020
| IN THE MATTER OF: | |
|---|---|
| Pradeep Goyal | … Applicant |
| Vs. | |
| DCM Ltd. | … Respondent |
Order under Section 9 of IBC.
Order delivered on 09.08.2021
Coram:
DR. DEEPTI MUKESH, HON’BLE MEMBER (JUDICIAL)
MS. SUMITA PURKAYASTHA, HON’BLE MEMBER (TECHNICAL)
PRESENT:
For the Applicant : Mr. Sanyam Jain, Adv. For the Respondent : ORDER
IA No. 3424/ND/2021:
Application filed by the Operational Creditor to withdraw IB-1092/ND/2020 under Section 9 of the Insolvency & Bankruptcy Code, 2016 against the Corporate Debtor. Learned Counsel for the Operational Creditor states that through this application, they seek to withdraw the main IB application. Mr. Sanyam Jain, Learned Counsel states that he has been instructed to apply for withdrawal of IB-1092/ND/2020. Application is allowed, thereby IB1092/ND/2020 stands withdrawn and disposed of.
Sd/Sd/SUMITA PURKAYASTHA DR. DEEPTI MUKESH MEMBER (TECHNICAL) MEMBER (JUDICIAL)
MUKESH
1 issue framed by the court
Whether the application for withdrawal of an interim insolvency resolution process application filed under Section 9 of the Insolvency & Bankruptcy Code, 2016 is maintainable.
1 provisions across 1 enactments
Pradeep Goyal
DCM Ltd.
DR. DEEPTI MUKESH
MS. SUMITA PURKAYASTHA
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
