In the matter of Spaze Towers Pvt. Ltd. IA-3442-ND-2021 in (IB)-1584(ND)2018
Case brief
What is this about?
The Tribunal allowed the withdrawal of an insolvency application (IB-1584/ND/2018) filed under Section 60(5) of the IBC, 2016, effectively disposing of the Corporate Insolvency Resolution Process initiated against the corporate debtor.
What did the court decide?
Prayer to withdraw the application under Section 60(5) of the IBC, 2016, granted. Application allowed to be withdrawn; IB-1584/ND/2018 stands withdrawn and disposed of.