Tribunals and CommissionsDivision Bench(2021) 09 NCLT CK 0438

Indiabulls Housing Finance Ltd. vs AmbienceCommercial Developers Pvt. Ltd.

National Company Law Tribunal · Decided on 6 September 2021

HON’BLE JUDGES
Dr. Deepti Mukesh, Member (Judicial) · Ms. Sumita Purkayastha, Member (Technical)
CASE NUMBER
IA-3817/ND/2021 (IB)-176/ND/2021

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Judgment

3 paragraphs · 78 words

IA-3817/ND/2021:

This is an application filed under Rule 11 by the Financial Creditor seeking to withdraw the application. Mr. Datta, Learned Sr. Counsel for the Applicant states that he has been instructed to apply for withdrawal. Mr. Datta, further states that the liberty may be given to initiate any proceedings as per law with respect to further default, if any, by the Corporate Debtor. As requested, liberty granted.

Application is allowed, thereby IB-176/ND/2021 stands withdrawn and disposed of.