SURESH KUMAR AND SONS Vs. BEST FOODS LIMITED

JUDGEMENT

(1.) After arguing for some time, learned counsel for the petitioner seeks and permitted to withdraw the instant petition because the notice of demand under Section 8 of the Insolvency & Bankruptcy Code, 2016 (for short 'I&B Code') was sent by the petitioner's counsel without specific authority under the I&B Code, 2016, with liberty to file the fresh petition on the same cause of action. Therefore, the instant petition stands dismissed as withdrawn with the liberty aforesaid.