Tribunals and CommissionsDivision Bench(2020) 03 NCLT CK 0420

Mr. Salasar Techno Engineering Ltd. vs M/s. Net Soft Consulting

National Company Law Tribunal · Decided on 11 March 2020

HON’BLE JUDGES
P.S.N. Prasad, Member (J) · V.K. Subburaj, Member (T)
RESULT
Dismissed
CASE NUMBER
IB-1893/ND/2019

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Judgment

1 paragraphs · 110 words

An application under Section 12A of the IBC read with 30A of the IBBI (CIRP) Regulations, 2016 along with affidavit has been filed. We have heard the submissions made by the counsel for IRP. RP is also present. The agenda passed by COC by 100% voting denotes that resolution professional shall file an application for withdrawal of CIRP of the corporate debtor admitted under Section 9 of IBC in view of Section 12A read with Regulation 30A of IBBI (CIRP) Regulations, 2016. The counsel for financial creditor is also present and both the directors are also present. The petition stands dismissed as withdrawn. Dasti of this order is also allowed.