Tribunals and CommissionsDivision Bench(2022) 05 NCLT CK 0614

Vijai Electricals Ltd. vs Mec Shot Blasting Equipments Pvt. Ltd.

National Company Law Tribunal, Jaipur Bench (Rajasthan) · Decided on 4 May 2022

HON’BLE JUDGES
Deep Chandra Joshi, Judicial Member · Raghu Nayyar, Technical Member
RESULT
Dismissed
CASE NUMBER
CP No. (IB)- 300/9/JPR/2019

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Judgment

1 paragraphs · 74 words

Heard Mr. Kumar Deepraj, Adv. on behalf of the Petitioner/ Operational Creditor and Ms. Akshita Koolwal, Ld. PCS on behalf of Respondent/ Corporate Debtor. Mr. Kumar Deepraj, Adv. for the Petitioner submits that the matter has been settled amicably and he has filed withdrawal application vide Diary No. 1360/2022 dated 04.05.2022. Accordingly, the matter is dismissed as withdrawn with the liberty to seek revival in case of breach of settlement agreement by the CD.