Tribunals and CommissionsDivision Bench(2021) 09 NCLT CK 0554

Collegedunia Web Pvt. Ltd. vs Comare Policy Insurance Web Aggregators Pvt. Ltd.

National Company Law Tribunal · Decided on 24 September 2021

HON’BLE JUDGES
Dr. Deepti Mukesh, Member (Judicial) · Ms. Sumita Purkayastha, Member (Technical)
CASE NUMBER
IA-4346/ND/2021 (IB)-572/ND/2020

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Judgment

4 paragraphs · 115 words

ORDER

IA-4346/ND/2021:

This is an application filed by IRP under Section 12A of the Code seeking withdrawal of IB-572/ND/2020. Learned Counsel for Applicant/IRP states that the order was passed initiating CIRP against Corporate Debtor on 06.09.2021. Thereafter the parties amicably settled the matter and executed settlement agreement dated 16.09.2021. Form-FA being the consent of the applicant is also annexed with the application and Settlement Agreement is also annexed. Learned Counsel for the Applicant makes a statement that nothing is due to its CIRP cost or fees of IRP. Considering the submission made and documents on record, we allow the application, thereby allow withdrawal of IB-572/ND/2020.

Application is allowed and IB-572/ND/2020 is withdrawn and disposed of.