Tribunals and CommissionsDivision Bench

KC Steels vs Upper India Steel Manufacturing & Engineering Co. Ltd

National Company Law Tribunal · Decided on 12 April 2022 · Citation: (2022) 04 NCLT CK 0018

HON’BLE JUDGES
Harnam Singh Thakur, Member (J) · Subrata Kumar Dash, Member (T)
RESULT
Dismissed
CASE NUMBER
IA No. 250/22 And CP (IB) No. 436/Chd/Pb/2019
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Judgment

4 paragraphs · 106 words

IA No. 250/2022

The present application has been filed seeking withdrawal of CP(IB) No.436/Chd/Pb/2019 on the ground that parties have settled the matter amicably and copy of Memorandum of Understanding-cum-Settlement is also placed on record vide Annexure A-1 to the application. It is submitted by learned counsel for the petitioner that in view of the Memorandum of Understanding-cum-Settlement, he wants to withdraw the present petition. Keeping in view the statement made by learned counsel for the petitioner, IA No.250/2022 is allowed and disposed of accordingly.

CP(IB) No.436/Chd/Pb/2019

In view of the order passed in IA No.250/2022, the present petition is ordered to be dismissed as withdrawn.