Tribunals and CommissionsDivision Bench(2020) 01 NCLT CK 0725

Nichiplast India Pvt. Ltd. vs Raja Antibiotics Ltd.

National Company Law Tribunal · Decided on 22 January 2020

HON’BLE JUDGES
V. Nallasenapathy, Member (T) · Suchitra Kanuparthi, Member (J)
CASE NUMBER
C.P.(IB)-2275(MB)/2019

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Judgment

7 paragraphs · 83 words

ORDER

24.

C.P.(IB)-2275(MB)/2019 Counsel for the Petitioner submits that the Corporate Debtor has handed over 3 post-dated cheques drawn on Kotak Mahindra Bank, Mumbai Branch. Details of which are as below:

Cheque No.DateAmount (Rs.)
00222618.01.202075,000
00223315.02.202025,000
00222715.04.20201,00,000

It is further submitted that Counsel for the Petitioner have received a sum of Rs. 20,000/- yesterday by RTGS. This arrangement is in full quit of the debt. In view of this, Petitioner seeks to withdraw this Petition. Accordingly, this Petition is dismissed as not pressed.