2018 (6) TMI 1820 - HC - Insolvency and Bankruptcy

Seeking permission for withdrawal of petition - HELD THAT - Writ petitions are disposed of as withdrawn. Liberty is granted to the petitioner to urge all the grounds including the grounds urged in the writ petitions and also permitted to raise counter claim, if any.

Summary

The petitioner withdrew writ petitions with liberty to urge grounds before Debt Recovery Tribunal. Petitioner granted liberty to raise counter claim. No opinion expressed on merits or maintainability of counter claim. Writ petitions dismissed as withdrawn, with liberty to challenge any future proceedings by respondent-Bank.