The tribunal dismissed the petitioner's petition filed under Section 9 of the IBC, 2016 as withdrawn. The petitioner was granted liberty to prefer their claim before the Resolution Professional of the corporate debtor.
Petition dismissed as withdrawn; liberty given to petitioner to prefer claim before Resolution Professional.
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.
Page 1 of 1
THE NATIONAL COMPANY LAW TRIBUNAL CHANDIGARH BENCH, CHANDIGARH ( through web-based video conferencing platform )
Item 12 CP(IB) NO.387/Chd/Pb/2019
Under Section 9 of the IBC, 2016
In the matter of:- Dharam Pal Pawan Kumar …Petitioner
Versus
Amarprakash Rice Exports Pvt. Ltd. …Respondent
Present through Video Conferencing:
Mr. Varun Garg, Advocate for the Petitioner
Mr. Viren Sharma, Advocate, for the Resolution Profession of the Corporate Debtor
At the outset, Mr. Viren Sharma, learned counsel representing Resolution Professional of Amarprakash Rice Exports Pvt. Ltd. appears and submits that CIRP against the respondent/corporate debtor has already been initiated vide order dated 24.06.2022 passed by this Bench in CP(IB) No.169/Chd/Pb/2021; Raj Kumar Singla versus Amarprakash Rice Exports Pvt. Ltd.
In the circumstances, it is stated by learned counsel for the petitioner that he may be permitted to withdraw the instant petition with liberty to prefer the claim before the Resolution Professional.
Keeping in view the facts and circumstances and in view of the statement made by learned counsel for the petitioner, the present petition is dismissed as withdrawn and the petitioner is at liberty to prefer the claim before the Resolution Professional, in accordance with law.
Sd/Sd/- (Subrata Kumar Dash) (Harnam Singh Thakur) Member (Technical) Member (Judicial) July 06, 2022 MK
Dharam Pal Pawan Kumar
Amarprakash Rice Exports Pvt. Ltd.
Subrata Kumar Dash
Harnam Singh Thakur
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
