Tribunals and CommissionsDivision Bench(2024) 01 NCLT CK 3427

Amit Bhalotia vs Sahana Films Private Limited

National Company Law Tribunal · Decided on 24 January 2024

HON’BLE JUDGES
Sh. Prabhat Kumar, Member (Technical) · Justice Virendrasingh Bisht (Retd.), Member (Judicial)
CASE NUMBER
C.P. (IB)/650(MB)2023

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Judgment

9 paragraphs · 110 words

ORDER

1.

Mr. Nitesh Menon, Advocate i/b Divya Shah Associates appeared for the Petitioner.

2.

Mr. Shyam Kapadia, Advocate a/w Mr. Akshit Dedhia, Advocate i/b Wadia Ghandy & Co. appeared for the Respondent.

3.

Learned Counsel for both parties present and submits that parties have settled the matter by executing consent terms and seeking withdrawal of the C.P.(IB)/650(MB)2023.

4.

In view of the settlement arrived between the parties by executing consent terms, we allow the Operational Creditor to withdraw C.P.(IB)/650(MB)2023.

5.

Accordingly, C.P.(IB)/650(MB)2023 is dismissed as withdrawn. .. 2 ..

.. 2 ..

6.

If any IAs’/MAs' pending it will become infructuous.

7.

File be closed and consigned to record.