Small Industries Development Bank of India (SIDBI) (Through Resolution Professional Mr. Nethi Mallikarjuna Setty Vs Akshay Kothari

National Company Law Tribunal, Mumbai Bench Court IV 26 Jul 0202 IA-1979/2022 in C.P.(IB)/838(MB)/2021 (202) 07 NCLT CK 0004
Bench: Division Bench
Result Published

Judgement Snapshot

Case Number

IA-1979/2022 in C.P.(IB)/838(MB)/2021

Hon'ble Bench

Kishore Vemulapalli, Member (J); Manoj Kumar Dubey, Member (T)

Final Decision

Disposed Of

Judgement Text

Translate:

1. PCA Ayush Rajani a/w Ms. Mitali Bhatt i/b AKR Advisors, Ld. Counsel for the Applicant present. None present for the Respondent.

2. IA-1979/2022 has been filed by the Applicant/main Petitioner seeking withdrawal of the C.P.(IB)/838(MB)/2021 on the ground that the Financial

Creditor has received the full and final payment from the Respondent.

3. In view of the full and final settlement between the parties, withdrawal of the Petition is allowed. Accordingly, IA-1979/2022 is disposed of and

C.P.(IB)/838(MB)/2021 is dismissed as withdrawn. File to be consigned to records.

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