Tribunals and CommissionsDivision Bench(2021) 10 NCLT CK 0480

BR Industries Ltd vs Accord Electropower Pvt Ltd

National Company Law Tribunal, Allahabad Bench, Prayagraj · Decided on 27 October 2021

HON’BLE JUDGES
Rohit Kapoor, Member (Judicial) · Virendra Kumar Gupta, Member (Technical)
CASE NUMBER
CP NO.(IB) 36/ALD/2021

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Judgment

4 paragraphs · 104 words

ORDER

The learned counsel for the Operational Creditor appears and submits that an Application for withdrawal of this application has already been filed, however, the same has not come on record. He further submits that one more date may be granted as the Corporate Debtor has given a post-dated cheques. It is also pleaded that liberty to revive the application may be granted in case settlement fails.

Considering the submissions made at bar, we permit the operational creditor to withdraw this application with the liberty to get this application revived, if the settlement fails.

Accordingly, the main CP is withdrawn and stand disposed off.