Tribunals and CommissionsDivision Bench(2019) 08 NCLT CK 0726

Novoco Vistas Corpin Ltd vs Real Value Promoters Pvt Ltd

National Company Law Tribunal · Decided on 8 August 2019

HON’BLE JUDGES
S. Vijayaraghavan, Member (Technical) · B.S.V. Prakash Kumar, Member (Judicial)
RESULT
Allowed
CASE NUMBER
MA/827/2019 in CP/884/1B/2018

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Judgment

2 paragraphs · 67 words

ORDER

On having the parties reported that matter was settled between the Applicant and the Corporate Debtor before constitution of CoC, in view of the ratio laid down by the Honourable Supreme Court of India in Swiss Ribbons Private Limited and Another -vs- Union of India and others (2019) 4 SCC 17 (Para 82), this MA/827/2019 is hereby allowed by dismissing the Company Petition CP/884/IB/2018 as withdrawn.