Authority: National Company Law Tribunal, New Delhi Court-IV (Special Bench)
Order Date: 15 July 2026
Case Overview
The matter concerned a Restoration Application (No. /19/ND/2026) filed by Turk Exim Bank, Export Credit Bank of Turkey against Dhir Global Industria Private Limited. The application was filed in relation to an existing insolvency petition (IB/1606/ND/2018) under Section 9 of the Insolvency & Bankruptcy Code, 2016. During a hybrid hearing (physical and video conference), the learned counsel for the applicant, Adv. Preet Pal Singh, along with Adv. Gaurav and Adv. Pooja, sought liberty to withdraw the present application based on instructions received.
Final Outcome
The bench, comprising Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Yogendra Kumar Singh, granted liberty to withdraw the application. Consequently, Restoration Application /19/ND/2026 was dismissed as withdrawn.
Topics: Insolvency, Legal Proceedings