In the matter of Krosyl Pharamaceuticals Pvt. Ltd. Cp(Ib) 725 of 2019
Case brief
What is this about?
NCLT vacated the hearing on an application under Section 9 IBC ash the matter was settled, and the applicant withdrew the petition.
What did the court decide?
Permission to withdraw the application under Section 9 IBC granted and the proceeding disposed of.
What the court decided
IN THE NATIONAL COMPANY LAW TRIBUNAL
AHMEDABAD DIVISION BENCH COURT - 1
ITEM No.106 CP(IB) 725 of 2019
Proceedings under Section 9 IBC
IN THE MATTER OF: Dachser India Pvt Ltd ........Applicant V/s Krosyl Pharamaceuticals Pvt Ltd ........Respondent
Order delivered on ..14/09/2022
Coram:
Dr. Madan B. Gosavi, Hon’ble Member(J) Kaushalendra Kumar Singh, Hon’ble Member(T)
PRESENT:
For the Operational Creditor : Ms. Pragati Bansal, Ld. Adv. For the Corporate Debtor : Mr. Rushabh Shah, Ld. Adv.
ORDER
Both of them submitted that the matter is settled. Learned Counsel for the Operational Creditor filed withdrawal pursis. The permission for withdrawal is granted.
Parties & counsel
- applicant
Dachser India Pvt Ltd
- respondent
Krosyl Pharamaceuticals Pvt Ltd
Coram
Dr. Madan B. Gosavi
Case details
As recorded by the court registry
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