2019 (10) TMI 1496 - Tri - Insolvency and Bankruptcy

Application for withdrawal of petition - learned counsel for the petitioner-corporation bank states that she has instructions to apply for withdrawal of the petition - HELD THAT - Petition dismissed as withdrawn.

Summary

The Tribunal's judgment in the case involved a withdrawal of the petition by the petitioner-corporation bank. The withdrawal was accepted, but it was clarified that this would not prevent the filing of a fresh petition if settlement talks fail. The case was dismissed as withdrawn.