L R Builders Withdraws Petition Against PP Jewellers

Authority: National Company Law Tribunal, New Delhi Principal Bench (Single)

Order Date: 09.10.2026

Case Overview

The matter involved a petition filed by L R Builders Private Limited against PP Jewellers Private Limited before the National Company Law Tribunal. During the hearing, the petitioner's counsel, Mr. Rohan Jaitley, after arguing the case for some time, requested permission to withdraw the application. The counsel specifically sought liberty to move an application or request for an early hearing before the bench concerned at a future date.

Final Outcome

The Hon'ble President Justice Anupinder Singh Grewal allowed the withdrawal request. The application TA (Co. Act)-38(PB)/2026 was dismissed as withdrawn with the liberty granted to the petitioner to seek an early hearing before the concerned bench in the future.

Topics: NCLT Proceedings, Corporate Legal Dispute, Withdrawal of Petition