In the matter of Era Realtors Pvt. Ltd. Ia 1581-2022 in C.P (IB)643-MB-2020
Case brief
What is this about?
NCLT Mumbai Bench allowed the applicant operational creditor to withdraw its insolvency resolution application against the corporate debtor, acknowledging full payment and settlement between parties. The main petition stands closed.
What did the court decide?
Allowance of the application to withdraw the main insolvency petition (CP IB 643 of 2020) and closing of said case.