Tribunals and CommissionsDivision Bench(2022) 09 NCLT CK 0349

Bank Of Maharashtra vs M/s. Hindustan Fibres Ltd.

National Company Law Tribunal, Jaipur Bench (Rajasthan) · Decided on 21 September 2022

HON’BLE JUDGES
Deep Chandra Joshi, Judicial Member · Ajai Das Mehrotra, Technical Member
RESULT
Dismissed
CASE NUMBER
IA No. 387/JPR/2019; CP No. (IB)-190/7/JPR/2019

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Judgment

1 paragraphs · 111 words

Heard Mr. Apoorv Agarwal, Adv. appearing on behalf of the Petitioner/ Financial Creditor. Mr. Rajiv Gupta, Adv. for the Respondent/ Corporate Debtor. It has been submitted by both the counsels that matter has been amicably settled between the parties. An OTS has been signed between the parties. In view of the said OTS some payment has been made by the Respondent/ Corporate Debtor. Mr. Apoorv Agarwal, Adv. appearing on behalf of the Petitioner/ Financial Creditor seeks to withdraw present application with liberty to file a fresh application in case of breach in OTS conditions. Permission granted. CP No. (IB)-190/7/JPR/2019 is dismissed as withdrawn. All/ any pending IA(s) stands disposed of accordingly.