https://www.taxtmi.com/caselaws?id=398436 The petition challenging the NCLT order requiring a default record for new petitions under IBC, 2016 was dismissed as withdrawn. The Calcutta High Court invalidated the NCLT order of 12.05.2020, which was later amended by a notification on 13.08.2020. However, the subsequent notification on 07.09.2020 withdrew the modification. As a result, with the withdrawal of the 13.08.2020 notification and the Calcutta High Court's decision, the petitioner withdrew the petition, leading to its dismissal. en-us Fri, 11 Sep 2020 00:00:00 +0530 Wed, 16 Sep 2020 11:36:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398436 The petition challenging the NCLT order requiring a default record for new petitions under IBC, 2016 was dismissed as withdrawn. The Calcutta High Court invalidated the NCLT order of 12.05.2020, which was later amended by a notification on 13.08.2020. However, the subsequent notification on 07.09.2020 withdrew the modification. As a result, with the withdrawal of the 13.08.2020 notification and the Calcutta High Court's decision, the petitioner withdrew the petition, leading to its dismissal. Case-Laws Insolvency and Bankruptcy Fri, 11 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398436