American Express Banking Corporation Vs C L Engineering Pvt. Ltd

National Company Law Tribunal, Chandigarh Bench 25 Apr 2024 IA(I.B.C)/953(CH)2024 And CP (IB) No. 23/Chd/Pb/2021 (2024) 04 NCLT CK 0066
Bench: Division Bench
Result Published

Judgement Snapshot

Case Number

IA(I.B.C)/953(CH)2024 And CP (IB) No. 23/Chd/Pb/2021

Hon'ble Bench

Dr. P.S.N. Prasad, Member (J); Satya Ranjan Prasad, Member (T)

Advocates

Gultash, Manuj Nagrath

Final Decision

Disposed Of

Judgement Text

Translate:

IA(I.B.C)/953(CH)2024, CP (IB) No. 23/Chd/Pb/2021

Heard the submissions made by the learned counsel for the PetitionerFinancial Creditor as well as the learned counsel for the Respondent-Corporate Debtor. In this matter arguments are already heard and CP (IB) No. 23/Chd/Pb/2021 is reserved. The counsels have now come with an application seeking withdrawal of the matter.

Having heard the submissions made by the learned counsel for the Petitioner-Financial Creditor as well as the learned counsel for the RespondentCorporate Debtor. The present application bearing IA(I.B.C)/953(CH)2024 is allowed and CP (IB) No. 23/Chd/Pb/2021 is dismissed as withdrawn. The case folders and connected papers may be consigned to the record room.

In view of this development no order will be passed although order is reserved as both the counsels have confirmed that the parties amicably resolve the matter.

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