Tribunals and CommissionsSingle Bench(2019) 12 NCLT CK 0774

M/s Formax Electronics Pvt Ltd vs M/s Pramod Telecom Pvt Ltd

National Company Law Tribunal, Allahabad Bench, Prayagraj · Decided on 11 December 2019

HON’BLE JUDGES
Rajesh Dayal Khare, Member (J)
CASE NUMBER
CP No.(IB) 481/ALD/2019

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Judgment

4 paragraphs · 80 words

CP NO.(IB) 481/ALD/2019

Ms. Monika Nanda, PCS for the petitioner/operational creditor is present.

Learned PCS appearing for the petitioner states that the entire due amount has been paid by the respondent and the petitioner does not want to pursue the present matter.

In view of the submission made on behalf of the petitioner, no useful purpose would be solved in keeping the proceeding pending in the matter, thus the present petition is dismissed as withdrawn. No order as to cost.