The NCLT Kolkata Bench noticed a settlement between the operational creditor and corporate debtor regarding payment of outstanding dues. The operational creditor requested withdrawal of the petition based on amicable settlement and full payment.
Petition dismissed as withdrawn by the operational creditor.
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.
DIVISION BENCH COURT - I
Pr-1
NATIONAL COMPANY LAW TRIBUNAL KOLKATA BENCH KOLKATA
C.P. (IB)/1519(KB)2020
CORAM: 1. HON’BLE MEMBER(J), SHRI ROHIT KAPOOR. 2. HON’BLE MEMBER(T), SHRI BALRAJ JOSHI
ATTENDANCE-CUM-ORDER SHEET OF THE HEARING ON 03RD NOVEMBER, 2022, 10:30 A.M
| IN THE MATTER OF BAGADIYA BROTHERS PRIVATE LIMITED VS MAITHAN ISPAT LIMITED |
|---|
| UNDER SECTION IBC UNDER SEC 9 |
| Appearances (via video conferencing/physical) For the Operational Creditor |
| Mr. Rishav Banerjee, Advocate |
| Mr. Aishwarya Kumar Awasthi, Advocate |
For the Corporate Debtor
Mr. Joy Saha, Sr. Adv. Mr. Shaunak Mitra, Adv. Ms. Debdatta Ray Chaudhary, Adv.
O R D E R
Balraj Joshi Rohit Kapoor Member (Technical) Member (Judicial)
mb
kIN THE NATIONAL COMPANY LAW TRIBUNAL KOLKATA BENCH
(Court No. I ) KOLKATA
C.P. (IB) No. 1519/KB/2020
Under section 9 of the Insolvency and Bankruptcy Code, 2016.
In the matter of:
Bagadiya Brothers Private Limited [CIN U51101CT2002PTC022248 ], a Company incorporated under the Companies Act, 1956, having its registered office at Bagadiya Mansion, Ground Floor, Jawahar Nagar, Raipur – 492001.
... Operational Creditor
-Versus-
Maithan Ispat Limited [CIN U27109WB2003PLC096854], a Company incorporated under the Companies Act, 1956, having its registered office at 16, Strand Road Diamond Heritage, 14th Floor, Room-1412, Kolkata – 700001.
... Corporate Debtor Date of Hearing: 22.09.2022 Date of pronouncing the order: 03.11.2022
Coram:
Shri Rohit Kapoor : Member (Judicial) Shri Balraj Joshi : Member (Technical)
Appearances (via video conferencing/physical hearing):
For the Operational Creditor
Mr. Rishav Banerjee, Adv.
Mr. A.K. Awasthi, Adv.
For the Corporate Debtor
Mr. Shounak Mitra, Adv. Ms. Debdatta Ray, Adv.
IN THE NATIONAL COMPANY LAW TRIBUNAL KOLKATA BENCH (Court No. I)
Bagadiya Brothers Private Limited v. Maithan Ispat Limited C.P. (IB) No. 1519/KB/2020
ORDER
Per Rohit Kapoor, Member (Judicial) :
Balraj Joshi Rohit Kapoor Member (Technical) Member (Judicial)
The order is pronounced on 03rd day of November, 2022
Page 2 of 2
1 issue framed by the court
The hon'ble court examined the settlement by the parties and withdrawal of the petition.
Bagadiya Brothers Private Limited
Maithan Ispat Limited
Rohit Kapoor
Balraj Joshi
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
