In the matter of Ashwani Setia Vs. Bhawani Industries Pvt. Ltd. & Another CA (AT) (Ins) No. 193 of 2020

The Original Operational Creditor has been allowed to withdraw the Application under Section 9 of IBC and the Application under Section 9 has been withdrawn. Learned Counsel electronically sends copy of the concerned Order. The Same is taken on record and marked as ‘X’ for identification.

The Learned Counsel for the Appellant-Director of the Corporate Debtor-Texlene Forge Pvt. Ltd. submits that this Appeal was filed against admission of C.P. (IB) No. 344/Chd/Pb/2018. The Learned Counsel states that after following procedure under Section 12A of IBC, the Adjudicating Authority (NCLT, Chandigarh Bench, Chandigarh) has allowed I.A. No. 490 of 2020 and the Original Operational Creditor has been allowed to withdraw the Application under Section 9 of IBC and the Application under Section 9 has been withdrawn. Learned Counsel electronically sends copy of the concerned Order.

The Same is taken on record and marked as ‘X’ for identification. Learned Counsel for the Appellant submits that in view of such developments, she has instructions from the Appellant to withdraw the Appeal.

The Appeal is disposed as withdrawn without liberty to challenge the same Impugned Order.

[Justice A.I.S. Cheema]

Member (Judicial)

[Dr. Alok Srivastava]

Member (Technical)

LEGAL REFERENCES

Similar Ripples

Questions

There is no question

In the matter of Ashwani Setia Vs. Bhawani Industries Pvt. Ltd. & Another CA (AT) (Ins) No. 193 of 2020

Write your Comment

Generic

Reportdata/2124.pdf

Would you like to edit this news ? Edit

Select Format

You get opportunity to take 30 day Challenge program.

Optional

Advanced

You get opportunity to take 30 day Challenge program.

Optional

Add tags

You get opportunity to take 30 day Challenge program.

Optional

PUBLISH IT

Don't sell
PUBLISH IT
Publish privately
SAVE AS DRAFT

Dont't publish now

The Learned Counsel for the Appellant-Director of the Corporate Debtor-Texlene Forge Pvt. Ltd. submits that this Appeal was filed against admission of C.P. (IB) No. 344/Chd/Pb/2018. The Learned Counsel states that after following procedure under Section 12A of IBC, the Adjudicating
Authority (NCLT, Chandigarh Bench, Chandigarh) has allowed I.A. No. 490 of
2020 and the Original Operational Creditor has been allowed to withdraw the
Application under Section 9 of IBC and the Application under Section 9 has been withdrawn. Learned Counsel electronically sends copy of the concerned Order. 
The Same is taken on record and marked as ‘X’ for identification.
Learned Counsel for the Appellant submits that in view of such
developments, she has instructions from the Appellant to withdraw the Appeal. 
The Appeal is disposed as withdrawn without liberty to challenge the same
Impugned Order. 
[Justice A.I.S. Cheema] 
Member (Judicial)
 
[Dr. Alok Srivastava] 
Member (Technical)

Hi Thakurani,
I want to withdraw in my Thakurani wallet
Thanks,

Select the reason for validity check

I feel great..the news is still good.please give the reason too..thanks..

Why do you think the News as invalid?” Please mention the reason.

I appreciate your effort. May I request you to select one of the reasons from below.
I am marking this post and your reason to Thakurani Moderators. They will take appropriate action.
Thanks,

Write your reason

My Dear ,

Harassing

Spam

Ingenuine

Rotten

Alien

Plagiarism

Unformatted

In the matter of Ashwani Setia Vs. Bhawani Industries Pvt. Ltd. & Another CA (AT) (Ins) No. 193 of 2020