Tribunals and CommissionsDivision Bench(2022) 03 NCLT CK 0721

NSL Krishnaveni Sugars Ltd vs Trident Sugars Ltd

National Company Law Tribunal · Decided on 28 March 2022

HON’BLE JUDGES
Dr. Venkata Ramakrishna Badarinath Nandula, Member (Judicial) · Dr Binod Kumar Sinha, Member (Technical)
RESULT
Allowed
CASE NUMBER
IA (IBC) 189/2022 in Company Petition IB/331/2020

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Judgment

2 paragraphs · 66 words

Shri Saini Keshava Rao, learned counsel for the Operational Creditor appeared through videoconference. Shri Y. Suryanarayana, learned counsel appeared for the Corporate Debtor in person. Heard both of them. Default committed in complying with the terms of earlier settlement is not in dispute. IA (IBC) No.189 of 2022 is allowed. CP (IB) No.331/9/HDB/2020 is restored.

For reporting settlement or for orders, list the matter on 25.04.2022.