Tribunals and CommissionsDivision Bench(2022) 07 NCLT CK 0565

M/s. Phoenix Arc Pvt Ltd vs Srinagar Banihal Expressway Ltd

National Company Law Tribunal · Decided on 1 July 2022

HON’BLE JUDGES
Dr. Venkata Ramakrishna Badrinath Nandula, Member (Judicial) · Sh. Veera Brahma Rao Arekapudi, Member (Technical)
CASE NUMBER
CP(IB) 53/7/HDB/2022

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Judgment

5 paragraphs · 73 words

ORDER

Learned Counsel for the financial creditor Shri Shabbeer Ahmed, and proxy counsel for corporate debtor Ms.Amrutha, on behalf of Rubaina is present.

Both counsels submitted that matter has been settled.

Learned Counsel for financial creditor has submitted that he has been instructed by the financial creditor to withdraw the company application.

In view of Submission that financial creditor is withdrawing the Company petition. Company Petition is disposed of as withdrawn. No costs.