In the matter of Radheshyam Industries Pvt. Ltd. C.P. (IB)-490(KB)-2019
Case brief
What is this about?
Corporation Bench hearing accepted the tender of amount due by the corporate debtor and allowed the withdrawal of the application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016.
What did the court decide?
The collective proceeding CP(IB)/490(KB)2019 was dismissed as withdrawn after the operational creditor accepted the tendered amount.