LAWS(NCLT)-2017-12-686

GBC PACKAGING Vs. SHASHI DISTILLERIES PRIVATE LIMITED

Decided On December 19, 2017
GBC PACKAGING Appellant
V/S
SHASHI DISTILLERIES PRIVATE LIMITED Respondents

JUDGEMENT

(1.) The petition is listed before the Bench for filing objections by the Respondents. When the matter is taken up, the counsel for the Petitioner has filed a memo which reads thus:

(2.) The memo is taken on record, permission is granted to the petitioner to withdraw the petition in view of settlement.

(3.) Therefore, the petition is dismissed as withdrawn, with a liberty to file fresh Petition in the event of failure of Corporate Debtor to pay Subsequent instalments