Tribunals and CommissionsDivision Bench(2019) 09 NCLT CK 0776

Ms. Pooja Kapoor & Ors. vs M/s. Magic Info Solutions Pvt. Ltd.

National Company Law Tribunal · Decided on 19 September 2019

HON’BLE JUDGES
Kapal Kumar Vohra, Member (Technical) · Dr. Deepti Mukesh, Member (Judicial)
CASE NUMBER
IB/ND/2019 (CA No. 648/C-III/ND/19)

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Judgment

1 paragraphs · 198 words

CA No. 648/ND/2019 is application filed by IRP under Regulation 30 (A) IBBI CIRP Regulation for seeking withdrawal. The latest amendment dated 23rd July, 2019 specifies that the application can be withdrawn before formation of COC under Section 30 (A) (1) (a). The learned counsel for Resolution Professional states that though COC is not formed, one more claim was received after filing the present application from Mr. Vijender Jain and the said claim also is paid and satisfied by Corporate Debtor who had filed an application being IB-647/ND/2019 which now stands transferred to Court No. V coming up for hearing on 23rd September, 2019. In view of both the claims, Mr. Vijender Jain, present in person and conforms the claim amount received and matter being listed. Form-F from the applicants of the IB petition is also filed and annexed with the application. The learned counsel for the Financial Creditor as well as Corporate Debtor is present. In view of the submission made by learned counsel for Resolution Professional and confirmed by both the counsels and documents placed on record, CA is allowed thereby IB-1352/ND/2019 is allowed to be withdrawn and stands disposed of in terms of above order.