2019 (8) TMI 1670 - HC - Insolvency and Bankruptcy

Seeking permission to withdraw this petition - HELD THAT - Permission, as prayed for, is granted. This petition stands disposed of as withdrawn, without entering into the merits of the matter. This Court has not adjudicated this petition and both the sides are open to raise all factual and legal contentions raised in this petition.

Summary

The Gujarat High Court, in a judgement by Honourable Ms. Justice Sonia Gokani, allowed the petitioner to withdraw their petition without entering into the merits of the matter. The petitioner had already approached NCLT for similar relief and desired to discontinue this petition. No costs were awarded. (Citation: 2019 (8) TMI 1670 - GUJARAT HIGH COURT)