Tribunals and CommissionsDivision Bench(2025) 05 NCLT CK 1434

Small Industries Development Bank Of India vs Karani Techtex Print Private Limited

National Company Law Tribunal, Kolkata Bench · Decided on 15 May 2025

HON’BLE JUDGES
Cmde Siddharth Mishra, Member (Technical) · Bidisha Banerjee, Member (Judicial)
RESULT
Allowed
CASE NUMBER
C.P. (IB)/145(KB)2024; IA(I.B.C)/814(KB)2025

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Judgment

6 paragraphs · 106 words
1.

Ld. Counsels for Resolution Professional present.

2.

IA(I.B.C)/814(KB)2025:

a) Heard Ld. Counsel appearing for Resolution Professional. Ld. Counsel for RP takes us to the page No. 23 of this application. The CoC with hundred percent voting, as it appears from pages No. 28 and 29 resolved to seek withdrawal of this application, in view of the settlement arrived at between the parties.

b) Accordingly, this application under Section 12A is allowed. The C.P. (IB)/145(KB)2024 is dismissed as withdrawn.

c) The RP is discharged of its duties. It is submitted that CIRP cost is paid in full.

d) Accordingly, this IA(I.B.C)/814(KB)2025 is allowed and disposed of.