The Tribunal dismissed an application under Section 7 of the IBC, 2016 as withdrawn by the petitioner following a Settlement Agreement dated 08.06.2021.
Leave to withdraw the petition is granted; the petition is dismissed as withdrawn.
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THE NATIONAL COMPANY LAW TRIBUNAL CHANDIGARH BENCH, CHANDIGARH ( through web-based video conferencing platform )
Item 9 CP(IB) No.249/Chd/HP/2020 Under Section 7 IBC, 2016
In the matter of:- Usha Arora and Others …Petitioners
Versus
Blue Coast Infrastructure Development Pvt. Ltd. …Respondent
Present through Video Conferencing: Mr. Syed Aqib Ali, Advocate for the Petitioner Mr. Abhishek Chhabra, Advocate, for the Respondent
It is stated by learned counsel for the petitioner that on instructions and as per the Settlement Agreement dated 08.06.2021, he seeks leave of this Tribunal to withdraw the present petition. Keeping in view, the statement made by learned counsel for the petitioner, the present petition is dismissed as withdrawn.
Sd/Sd/- (Subrata Kumar Dash) (Harnam Singh Thakur) Member (Technical) Member (Judicial) July 14, 2022 MK
Usha Arora and Others
Blue Coast Infrastructure Development 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
