In the matter of Neev Infrastructures Pvt. Ltd. [C.P. (IB)-741(MB)2020]
Case brief
What is this about?
The National Company Law Tribunal, Mumbai Bench allowed the withdrawal of an insolvency application. The court noted that the corporate debtor had received a full and final settlement of all dues including interest and directed disposal accordingly.
What did the court decide?
CP allowed to be withdrawn; disposed of as withdrawn. No liberty to withdraw granted.