In the matter of Tetrahedron Laboratories Pvt. Ltd. [IA-932-2023 in C.P. (IB)-3771(MB)2019]
Case brief
What is this about?
An IRP filed an application seeking withdrawal of the main Company Petition and disposal of CIRP due to a settlement between the Operational Creditor and the Corporate Debtor. The Tribunal allowed the application and disposed of the main petition.
What did the court decide?
Application allowed; main Company Petition disposed of; CIRP withdrawn; Corporate Debtor released from moratorium; all pending IA's and MA's disposed of; file closed.