NCLT Kolkata Bench dismisses Section 7 insolvency application against Williamson Magor & Co. Ltd. filed by DMP Vanijya.
Corporate Debtor settled the entire claimed debt of ₹1.14 crore by paying ₹1.05 crore during proceedings.
The application became infructuous as no debt remained due and payable to the Financial Creditor.
Bench disposed of the main petition (IB No. 177/KB/2023) and all pending interlocutory applications.