Tribunals and CommissionsDivision Bench(2019) 08 NCLT CK 0652

IDBI Capital Markets & Securities Ltd vs KMC Constructions Ltd

National Company Law Tribunal · Decided on 20 August 2019

HON’BLE JUDGES
Ratakonda Murali, Member (Judicial) · Narender Kumar Bhola, Member (Technical)
CASE NUMBER
CP(IB) No.129/9/HDB/2019

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Judgment

4 paragraphs · 64 words

ORDER

Counsel for Operational Creditor is present. Counsel for Corporate Debtor is present.

Withdrawal memo is filed by Counsel for Operational Creditor. Petition is not yet admitted. Therefore, permission can be granted to the Operational Creditor to withdraw the Petition under Rule 8 of I & B (AAA) Rules, 2016.

Memo is recorded, permission is granted. Petition is dismissed as withdrawn vide separate orders.