Dismissed
In the matter of Blue Coast Infrastructure Development Pvt. Ltd. Cp (Ib) No. 28-Chd-HP-2021
Case brief
AI extract
What is this about?
The NCLT dismissed the Insolvency Petition as withdrawn by the petitioner, who received liberty to approach the Tribunal in case of non-compliance by the respondent with the Settlement terms.
What did the court decide?
Petition dismissed as withdrawn with liberty to approach the Tribunal in case of non-compliance of the terms of the Memorandum of Settlement dated 07.05.2021.