Tribunals and CommissionsDivision Bench(2020) 02 NCLT CK 0914

Bright Outdoor Media Pvt. Ltd. vs Sahib Realty Pvt. Ltd.

National Company Law Tribunal · Decided on 26 February 2020

HON’BLE JUDGES
Rajasekhar V.K., Member (J) · Rajesh Sharma, Member (T)
CASE NUMBER
C.P.(IB)-1727(MB)/2019

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Judgment

3 paragraphs · 77 words

O R D E R

1.

Ld. Counsel for the Operational Creditor present. No representation for the Corporate Debtor.

2.

Counsel for the Operational Creditor submits that he has instruction to withdraw the present Petition and seeks leave of the Court to withdraw the Petition with liberty to file appropriate proceedings. Accordingly, C.P.(IB)-1727(MB)/2019 is dismissed as withdrawn with liberty granted to the Operational Creditor to initiate appropriate proceedings in accordance with law. File be consigned to records.