Tribunals and CommissionsDivision Bench(2019) 08 NCLT CK 0764

Hemang Resources Ltd vs Dhar Coal Products Pvt Ltd

National Company Law Tribunal · Decided on 5 August 2019

HON’BLE JUDGES
Harihar Prakash Chaturvedi, Member (Judicial) · Prasanta Kumar Mohanty, Member (Technical)
CASE NUMBER
CP(IB) 396/9/NCLT/AHM/2019

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Judgment

5 paragraphs · 106 words

ORDER

The Petitioner is represented through their respective Learned Counsel(s).

Learned Counsel of the Petitioner filed pursis with a request to withdraw IB petition, in view of matter is settled out of Court.

The Operational Creditor/Petitioner has received Rs. 26,16,623/- as full and final settlement amount of its debt, in support of withdrawal of pursis. A copy of the minutes of meeting dated 22.07.2018 is enclosed particular that above stated amount has been received by the Operational Creditor/Petitioner from the Corporate Debtor (Respondent ).

In view of this nothing survives in the present matter accordingly, CP(IB) 396/2019 is dismissed as settled out of Court and withdrawn.