Tribunals and CommissionsDivision Bench(2022) 11 NCLT CK 0564

Union Bank of India vs Narayani Hotels & Resorts Ltd

National Company Law Tribunal · Decided on 9 November 2022

HON’BLE JUDGES
Dr. Deepti Mukesh, Member (Judicial) · Ajai Das Mehrotra, Member (Technical)
CASE NUMBER
CP(IB)/53(AHM)2021

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Judgment

3 paragraphs · 94 words

ORDER

Learned Counsel for the applicant states that parties have amicably settled the matter, and withdrawal pursis is filed for seeking withdrawal of the CP (IB) 53 of 2021. The corporate debtor also has separately filed a pursis annexing all the documents of settlement along with the copies of Demand Draft by way of which the payment has been made, and the same is taken on record. Considering the settlement and application by both the sides, this application is allowed to be withdrawn.

Accordingly, CP (IB) 53 of 2021 is withdrawn and disposed of.