Allowed
In the matter of Blue Life Infra Pvt. Ltd. [Ia No. 676-2023 in Cp(Ib) No. 400-Chd-Pb-2018]
NCLTIA No. 676-2023 in CP(IB) No. 400-Chd-Pb-2018
Case brief
AI extract
What is this about?
The National Company Law Tribunal, Chandigarh Bench, allowed the applicant's interim application seeking withdrawal of the main CIRP petition. The withdrawal was granted based on a resolution passed by the Committee of Creditors (CoC) in its second meeting.
What did the court decide?
The main petition CP(IB) No. 400/Chd/Pb/2018 stands dismissed as withdrawn.