Tribunals and CommissionsDivision Bench(2022) 03 NCLT CK 0710

Emes Trading Pvt. Ltd. vs Shree Naman Developers Pvt. Ltd.

National Company Law Tribunal · Decided on 22 March 2022

HON’BLE JUDGES
Rajesh Sharma, Member (Technical) · Kishore Vemulapalli, Member (Judicial)
CASE NUMBER
C.P.(IB)/533(MB)/2021

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Judgment

3 paragraphs · 76 words

O R D E R

1.

Mr. Akash Agarwal i/b ABH Law LLP, Ld. Counsel for the Financial Creditor present. None present for the Corporate Debtor.

2.

Counsel for the Financial Creditor submits that the matter has been amicably settled wherein against the claim of Rs.2.89 crore the settled amount is Rs.2.54 crore. Counsel seeks to withdraw the Petition. Allowed. In view of the amicable settlement between the parties, Petition [C.P.(IB)/533(MB)/2021] is hereby dismissed as withdrawn.