Allowed
In the matter of Mahalaxmi Fasteners Pvt. Ltd. [IA-2333-2023 in C.P. (IB)-634(MB)2021]
NCLTIA-2333-2023 in C.P. (IB)-634(MB)2021
Case brief
AI extract
What is this about?
The Tribunal allowed an interim application filed by the IRP to recall the admission order under Section 9 of the IBC after a settlement was reached between the Corporate Debtor and the Operational Creditor, disposing of the main case simultaneously.
What did the court decide?
Interim Application 2333 of 2023 allowed and disposed of; Admission Order dated 12th May 2023 recalled; CP 634 of 2021 disposed of as withdrawn.