Tribunals and CommissionsDivision Bench(2020) 09 NCLT CK 0537

Bonfiglioli Transmission Pvt Ltd vs Suzlon Energy Ltd

National Company Law Tribunal · Decided on 29 September 2020

HON’BLE JUDGES
Madan Bhalchandra Gosavi, Member (Judicial) · Virendra Kumar Gupta, Member (Technical)
CASE NUMBER
CP(IB) 161 of 2020

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Judgment

5 paragraphs · 67 words

Learned Counsel Mr. Pavan Godiawala appeared for the Operational Creditor.

Learned Counsel Mr. Ravi Pahwa appeared for the Corporate Debtor.

Learned Counsel of the Operational Creditor seeks permission to withdraw the IB petition as matter is settled at between the parties.

The permission is granted with a liberty to revive this petition in case of settlement fails.

Accordingly, CP(IB) 161 of 2020 stands disposed of as withdrawn.