Disposed
In the matter of Jkr Techno Engineers Private Limited [IA-243-2023 in IB-533(ND)-2020]
NCLTIA-243-2023 in IB-533(ND)-2020
Case brief
AI extract
What is this about?
The Tribunal allowed the applicant's petition to withdraw the Section 9 insolvency petition filed against the respondent due to a settlement. Consequently, the corporate debt recovery process application was dismissed as withdrawn and the IRP was discharged.
What did the court decide?
Petition to withdraw IB-533(ND)/2020 allowed; underlying application dismissed as withdrawn; IRP discharged within three days.