Tribunals and CommissionsDivision Bench(2021) 11 NCLT CK 0478

M/s. Rudra Buildwell Constructions Pvt. Ltd. vs PSA Impex Pvt. Ltd.

National Company Law Tribunal · Decided on 29 November 2021

HON’BLE JUDGES
Bachu Venkat Balaram Das, Member (Judicial) · Narender Kumar Bhola, Member (Technical)
RESULT
Dismissed
CASE NUMBER
IB-461(ND)/2021

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Judgment

1 paragraphs · 70 words

Counsel for the Operational Creditor is present. However, there is no representation on behalf of the Corporate Debtor. Counsel for the Operational Creditor submits that in view of the default in the present case being on 31.03.2020, he wants to withdraw the present Petition as the same is he hit by Section 10A of the IBC 2016. Permission as sought for is granted and the Petition is dismissed as withdrawn.