The NCLT permitted withdrawal of a Corporate Insolvency Resolution Process petition filed by IDBI Trusteeship Services Limited against Mantri Mettalics Private Limited after amicable settlement and consent terms were arrived between the parties.
Permission for withdrawal of the C.P.(IB) was granted.
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.
NATIONAL COMPANY LAW TRIBUNAL MUMBAI BENCH, COURT-II SPECIAL BENCH
12. C.P.(IB)-639(MB)/2022
CORAM:
SHRI MANOJ KUMAR DUBEY SHRI KISHORE VEMULAPALLI HON’BLE MEMBER (T) HON’BLE MEMBER (J)
HON’BLE MEMBER (J)
ORDER SHEET OF THE HEARING OF MUMBAI BENCH OF THE NATIONAL COMPANY LAW TRIBUNAL ON 01.11.2022
NAME OF THE PARTIES:
IDBI Trusteeship Services Limited
Vs.
Mantri Mettalics Private Limited
APPEARANCE :
FOR FINANCIAL CREDITOR : Counsel, Mr. Manoj Pandit FOR CORPORATE DEBTOR : Absent
Section: u/s 7 of Insolvency & Bankruptcy Code, 2016
ORDER
The matter is taken up through Virtual Hearing (VC).
Counsel appearing for Financial Creditor reported to this Bench that matter has been amicably settled between the parties by entered into consent terms and seeking permission for withdrawal of the C.P.(IB)/639(MB)2022. In view of the settlement arrived between the parties, permission for withdrawal of
the C.P.(IB)/639(MB)2022 is granted. C.P.(IB)/ 639(MB)2022 is dismissed
as withdrawn . File be closed and consigned to record room.
Sd/- Sd/MANOJ KUMAR DUBEY KISHORE VEMULAPALLI Member (Technical) Member (Judicial)
01.11.2022 Sapna
1 provisions across 1 enactments
IDBI Trusteeship Services Limited
Mantri Mettalics Private Limited
Manoj Kumar Dubey
Kishore Vemulapalli
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
