Tribunals and CommissionsDivision Bench(2020) 03 NCLT CK 0430

Bhandari Steels Ltd vs Jindal Saw Ltd

National Company Law Tribunal · Decided on 9 March 2020

HON’BLE JUDGES
Anil Kumar B, Member (Technical) · R. Varadharajan, Member (Judicial)
RESULT
Dismissed
CASE NUMBER
MA/1083/2019 in IBA/602/2019

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Judgment

3 paragraphs · 133 words

None appears for the parties. It is seen that this Application has been filed under Rule 11 of the NCLT Rules, 2016 seeking to set aside the ex-parte Order passed by this Tribunal dated 23.08.2019. However, in the absence of the Applicant, this Application seeking to set aside the Order passed by this Tribunal as well as to restore the Petition cannot be proceeded with and hence we are constrained to dismiss this Application as well for non-prosecution.

Mr.N.Elango, Advocate appearing on behalf of the Applicant/Petitioner represents that since the matter has been settled amicably as between the parties and hence seeks to withdraw this Petition upon instructions.

Taking into consideration the said representation as well as Rule 8 of I&B (AAA), Rules, 2016, this Petition stands dismissed as withdrawn. File to records.