2019 (10) TMI 1474 - HC - Insolvency and Bankruptcy

Maintainability of petition - question of facts - adjudicate of matter before the alternative forum - HELD THAT - The petitioner represented that the parties have decided to adjudicate the matter before the alternative forum based on the question of facts and consequently, the petitioner has withdrawn all the writ petitions. Nothing survives for adjudication in the Contempt Petition and accordingly, it is closed.

Summary

The High Court of Madras in 2019 (10) TMI 1474, with Mr. M. Govindaraj, J. presiding, noted that the petitioner and other parties have chosen to resolve the matter in an alternative forum based on facts. As a result, the petitioner withdrew all writ petitions, leading to the closure of the Contempt Petition as there is no further need for adjudication.