Tribunals and CommissionsDivision Bench(2021) 11 NCLT CK 0021

Shree Bansi Metal & Alloys Pvt Ltd vs Rajputana Stainless Ltd

National Company Law Tribunal · Decided on 2 November 2021

HON’BLE JUDGES
Madan B. Gosavi, Member (J) · Ajai Das Mehrotra, Member (T)
RESULT
Disposed Of
CASE NUMBER
CP(IB) 291 of 2020

AI Structured Summary

Not yet generated for this judgment

Judgment

3 paragraphs · 98 words

The name of the Learned Counsel Mr. Masoom K Shah as intervener wrongly mentioned in the cause list stands removed.

Learned Counsel for the Operational Creditor submits that the matter is settled and a settlement memo is filed on record. Hence, he seeks permission to withdraw the matter.

Since the parties have settled the matter, permission to withdraw the matter is granted. Accordingly, the matter stands withdrawn and disposed of with liberty to get it revived in case the settlement fails. Any other lAs pending in this application for setting aside the ex-parte order also stand disposed of.