Tribunals and CommissionsDivision Bench(2022) 10 NCLT CK 0633

Farmasino Co. Ltd. vs Dalas Biotech Ltd.

National Company Law Tribunal, Jaipur Bench (Rajasthan) · Decided on 21 October 2022

HON’BLE JUDGES
Deep Chandra Joshi, Judicial Member · Prasanta Kumar Mohanty, Technical Member
RESULT
Dismissed
CASE NUMBER
IA No. 370/JPR/2021, IA No. 371/JPR/2021, IA No. 193/JPR/2022, IA No. 493/JPR/2022, CP No. (IB)- 213/9/JPR/2020

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Judgment

11 paragraphs · 164 words

ORDER

IA No. 493/JPR/2022:

Heard Ms. Nivedita R. Sarda, Adv. appearing on behalf of Petitioner/Operational Creditor and Mr. Nalin Kohli, Adv. appears for the Respondent/Corporate Debtor. Learned counsel for the Petitioner submits that the name of the Operational Creditor has been changed from Farmasino Pharmaceuticals (Jiangsu) Co. Ltd. to Farmasino Co. Ltd. An amended memo of parties has been submitted in this regard as Annexure-C to this application. /

RS

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It has been submitted by both the learned counsels that the matter has been settled between the parties, consent terms (Annexure-A) have been executed in view of the settlement between the parties. On account of settlement dated 26.09.2022, learned counsel for the petitioner seeks to withdraw this application; Permission granted. CP No. (IB)- 213/9/JPR/2020 is dismissed as withdrawn. IA No. 493/JPR/2022 stands disposed of accordingly.

CP No. (IB)- 213/9/JPR/2020 and together with all pending IAs stand disposed of accordingly.

(Prasanta Kumar Mohanty) Technical Member

(Deep Chandra Joshi) Judicial Member

October 21, 2022