The company originating jurisdiction/(COJ) granted permission to withdraw an application filed by an IRP representing the applicant under Section 9 IBC, stating the application was infructuous as the respondent claimed to have received the due amount.
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IN THE NATIONAL COMPANY LAW TRIBUNAL, AHMEDABAD COURT - 2
Item No.2 – IA 995 of 2023 In CP(IB) 638 of 2019
Proceedings under Section 9 IBC
IN THE MATTER OF: Krishna Textile ........Applicant V/s Bharat Trade Link Pvt Ltd ........Respondent
Order delivered on 14/09/2023
Coram:
Mrs. Chitra Hankare, Hon’ble Member(J) Dr. Velamur G Venkata Chalapathy, Hon’ble Member(T)
PRESENT:
For the Applicant : Mr. Sachin Sinha, IRP in person For the Respondent : Mr. Vishal Raval, Adv.
ORDER
IA 995 of 2023
Mr. Sachin Sinha, IRP in person present for the applicant. Ld. Counsel Mr. Vishal Raval appears for the respondent. IRP in person states that he has not received any claim yet and the CoC is also not formed. Ld. Counsel for the respondent states that they have received the amount due, therefore, application become infructuous. IRP in person for the applicant seeks permission to withdraw the application. Permission is granted. Accordingly, IA 995 of 2023 stands disposed of as withdrawn.
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-Sd-
DR. V. G. VENKATA CHALAPATHY CHITRA HANKARE MEMBER (TECHNICAL) MEMBER (JUDICIAL)
PC
Krishna Textile
Bharat Trade Link Pvt Ltd
Chitra Hankare
Velamur G Venkata Chalapathy
As recorded by the court registry
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