Tribunals and CommissionsSingle Bench(2020) 02 NCLT CK 0890

This Is It Designs Pvt. Ltd. vs Kayo Enterprises Pvt. Ltd.

National Company Law Tribunal · Decided on 14 February 2020

HON’BLE JUDGES
Dr. Deepti Mukesh, Member (J)
CASE NUMBER
CA. 990/ND/2020, (IB)-1427/ND/2019

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Judgment

1 paragraphs · 119 words

CA No. 990/ND/2020: Application is filed by IRP seeking withdrawal of the present application filed under Section 9 of the Code. Learned counsel states that CIRP order was passed on 21st January 2020. Parties have executed settlement agreement as annexed with the application. Learned counsel for IRP further makes a statement that IRP has not received any claim and CoC is not constituted. Application allowed thereby IB-1427/ND/2019 is allowed to be withdrawn. The present IRP is discharged as IRP of Kayo Enterprises Pvt. Ltd. The assets/documents received by IRP be handed over to the management. Learned counsel for IRP states that there is no dues for expenses/fees pending. Application is allowed and disposed of in terms of above order.