National Company Law Appellate Tribunal

Rajiv Rathi vs The Jammu & Kashmir Bank Ltd & Ors on 14 October 2020

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NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI

Company Appeal (AT) (Insolvency) No. 877 of 2020

IN THE MATTER OF:

Rajiv Rathi

… Appellant

Versus

The Jammu & Kashmir Bank Ltd. & Ors.

…Respondents

Present:

For Appellant :

Mr. Harish Malhotra, Senior Advocate with Mr. Ashim Vachher, Advocate For Respondents :

Mr. Syed Arsalan and Mr. Prateek Khaitan, Advocates for R-1

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O R D E R

(Through Virtual Mode)

14.10.2020 After hearing Mr. Harish Malhotra, learned Senior Counsel representing the Appellant for a while, he offered to withdraw the appeal. The appeal is accordingly dismissed as withdrawn. However, we make it clear that withdrawal of this appeal will not be an impediment in the way of the Appellant/Corporate Debtor approaching the ‘Committee of Creditors’ for settlement in accordance with law.

[ Justice Bansi Lal Bhat ] Acting Chairperson)

[ V.P. Singh ] Member (Technical)

[ Dr. Alok Srivastava ] Member (Technical)

/ns/gc/

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