Tribunals and CommissionsDivision Bench(2019) 08 NCLT CK 0554

Umesh Cable vs Mazda Agencies Pvt. Ltd.

National Company Law Tribunal · Decided on 28 August 2019

HON’BLE JUDGES
Harihar Prakash Chaturvedi, Member (Judicial) · Prasanta Kumar Mohanty, Member (Technical)
CASE NUMBER
C.P. (I.B) No. 237/9/NCLT/AHM/2019

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Judgment

6 paragraphs · 106 words

ORDER

The Petitioner is represented through their respective Learned Counsel(s).

Learned Counsel of the Petitioner filed pursuits with a request to withdraw IB petition, in view of matter is settled out of Court.

The Operational Creditor/Petitioner has received Rs. 1,67,148/- as full and final settlement amount of its debt, in support of withdrawal of pursuits, in view of this Petitioner seeks to withdraw the present IB petition.

We are of the view that the matter has been full and final settled for an amount of Rs. 1,67,148/-, hence, nothing survives in the present matter.

Accordingly, CP(IB) 237/2019 is dismissed as settled out of Court and withdrawn.