Tribunals and CommissionsDivision Bench

M/S Arora Iron & Steel Rolling Mills Private Limited vs M/S Forge India Pvt. Ltd

National Company Law Tribunal · Decided on 17 January 2022 · Citation: (2022) 01 NCLT CK 0038

HON’BLE JUDGES
Harnam Singh Thakur, Member J · Subrata Kumar Dash, Member T
ACTS & SECTIONS REFERRED
Insolvency & Bankruptcy Code, 2016 — Section 9
RESULT
Dismissed
CASE NUMBER
C.P. (IB) 88 Of 2020
Ask AI about this case

AI Structured Summary

Not yet generated for this judgment

No AI summary yet

Generate an eight-section analysis of this judgment — facts, issues, reasoning, ratio and a plain-language gist.

Judgment

5 paragraphs · 107 words

It is stated by learned counsel for respondent-corporate debtor that CIRP proceedings have already been initiated against the respondent-corporate

debtor, vide order dated 12.01.2022 passed by this Bench in CP(IB) No. 588/Chd/HP/2019 titled as BMSS Steel Industries Pvt. Ltd. Vs. Forge India

Pvt. Ltd. In view of the same, it is stated by learned counsel for petitioner that he wants to withdraw the present petition to file his claim before the

Interim Resolution Professional/Resolution Professional. Keeping in view the facts and circumstances, the present petition is dismissed as withdrawn

with the liberty aforesaid. The petitioner is also at liberty to revive the petition, if need so arises.