In the matter of Tubelight Communication Limited [IA-1402-2023 in C.P. (IB)-1104(MB)2020]
Case brief
What is this about?
The NCLT allowed the withdrawal of a Company Petition filed under Section 9 of the IBC, 2016. The court dismissed the petition as withdrawn and disposed of the application after the NCLAT set aside the prior order initiating CIRP.
What did the court decide?
Application to withdraw Company Petition No. 1104 of 2020 allowed; Company Petition dismissed as withdrawn; all pending IA's and MA's disposed of.