Tribunals and CommissionsDivision Bench(2022) 07 NCLT CK 0526

Bhadrashree Steel And Power Ltd vs Rayalaseema Industries (India) Pvt Ltd

National Company Law Tribunal · Decided on 5 July 2022

HON’BLE JUDGES
Bhaskara Pantula Mohan, Member (Judicial) · Veera Brahma Rao Arekapudi, Member (Technical)
RESULT
Disposed Of
CASE NUMBER
Company Petition IB/238/2021

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Judgment

2 paragraphs · 78 words

Learned Counsel for Operational Creditor appeared via video conference.

Withdrawal Memo dated 04.07.2022 has been filed by the Operational Creditor with a prayer to permit the Operational Creditor to withdraw the Company Petition. Having heard the submissions and having seen the Memo for Withdrawal of Petition, permission is granted to withdraw the petition in terms of Rule 8 of the Insolvency & Bankruptcy (Application to Adjudicating Authority) Rules, 2016. Hence, CP (IB) 238/9/HDB/2021 is disposed of as withdrawn.