In the matter of Sahara India Commercial Corporation Limited C.P. (IB)-1952(KB)2019
Case brief
What is this about?
The Tribunal disposed of an insolvency petition upon the submission of a settlement sum and the acceptance of payment cheques by the operational creditor, directing the withdrawal of the application.
What did the court decide?
The Corporate Debtor was directed to withdraw the application upon encashment of cheques submitted.