Tribunals and CommissionsDivision Bench(2021) 11 NCLT CK 0432

M/s Uralungal Labour Contract Co-operative Society Ltd vs M/s Perambra Coconut Producer Company Limited

National Company Law Tribunal, Kochi Bench · Decided on 9 November 2021

HON’BLE JUDGES
Ashok Kumar Borah, Member (Judicial) · Anil Kumar. B, Member (Technical)
CASE NUMBER
CP (IB)/27/KOB/2021

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Judgment

3 paragraphs · 93 words

ORDER

1.

This CP(IB)/27/KOB/2021 has been filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by the Operational Creditor M/s Uralungal Labour Contract Co-operative Society Limited against the Corporate Debtor M/s Perambra Coconut Producer Company Limited for recovery of total debt amount of Rs. 2,46,79,955/- (Rupees Two Crore, Forty-Six Lakhs, Seventy-Nine Thousand, Nine Hundred and Fifty-Five only) along with interest. The learned counsel for the Operational Creditor argued for some time and sought permission to withdraw this CP(IB)/27/KOB/2021.

2.

Permission is granted and the CP(IB)/27/KOB/2021 stands closed as withdrawn. No costs.