Authority: National Company Law Tribunal, New Delhi Court-IV (Special Bench)
Order Date: 13 July 2026
Case Overview
The matter involved an application filed by C.P. Arora Engineers Contractors Pvt Ltd (Applicant) against Millennium City Expressways Pvt Ltd (Respondent) under Section 9 of the Insolvency & Bankruptcy Code, 2016. The case was registered as IA/3112/ND/2026 in IB/773/ND/2024. During a hybrid hearing (physical and video conference), the applicant's counsel, Advocate Rashi Suri, was present and sought permission to withdraw the present application with liberty to file afresh in accordance with law.
Final Outcome
The special bench comprising Shri Mahendra Khandelwal (Member Judicial) and Shri Yogendra Kumar Singh (Member Technical) granted liberty to withdraw the application with permission to file afresh in accordance with law. Accordingly, IA/3112/ND/2026 was dismissed as withdrawn.
Topics: Insolvency Proceedings, NCLT Order, Withdrawal of Application