National Company Law Appellate Tribunal

LP Naval & Engineering Ltd vs Sundaresh Bhat Liquidator of ABG Shipyard Ltd on 12 January 2021

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NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI

Company Appeal (AT) (Insolvency) No. 03 of 2021

In the matter of:

L.P Naval & Engineering Ltd.

....Appellant

Vs.

Sundaresh Bhat Liquidator of ABG Shipyard Ltd.

....Respondent

Present:

Appellant:

Ms. Meenakshi Arora, Senior Advocate with Mr.

Kaushik Pandya, Mr. Mauleen Marfatia, Mr. Mohit D

Ram, Advocates.

Respondent:

Ms. Ashly Cherian, Mr. Abhishek Sharma, Ms. Saloni Kothari, Mr. Siddharth Mathur, Advocates.

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ORDER

(Through Virtual Mode)

12.01.2021: Ms. Meenakshi Arora, Senior Advocate representing the Appellant seeks to withdraw the appeal as the Appellant is said to be participating in a private sale in regard to the assets which are under auction. In view of the same, the appeal is dismissed as withdrawn.

[Justice Bansi Lal Bhat] Acting Chairperson

[Justice Anant Bijay Singh] Member (Judicial)

[Dr. Alok Srivastava] Member (Technical) AR/g

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