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High Court of DelhiCO.PET./1125/2016

In Yhr Matter Of Firefly E-Ventures Ltd & ANR. v.

2017-01-19Hon'Ble Mr. Justice Siddharth Mridul1 pages

$~62 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CO.PET. 1125/2016 IN YHR MATTER OF FIREFLY E-VENTURES LTD & ANR.

..... Petitioner Through:

Mr. V.P. Singh, Advocate with Mr.

Aditya Jalan, Advocate for applicant in CO.APPL.115/2017

CORAM:

HON'BLE MR. JUSTICE SIDDHARTH MRIDUL

O R D E R

% 19.01.2017 CO.APPL.115/2017 Learned counsel appearing on behalf of the applicant seeks leave to withdraw this application.

Leave granted.

The application is dismissed as withdrawn and disposed of accordingly. CO.PET.1125/2016 In terms of the notification Regd. No.D.L.-33004/99 dated 07.12.2016, issued by the Ministry of Corporate Affairs and in particular, Clause 3 thereof, the present application under Sections 391 to 394 of the Companies Act, 1956, seeking sanction to the proposed composite scheme of capital reduction and arrangement, stands transferred to the Principal Bench, National Company Law Tribunal, New Delhi (hereinafter referred to as 'NCLT'). In the first instance, list this matter before the Principal Bench, NCLT on 30.01.2017 for further proceedings, in accordance with law. The Registry is directed to transmit the record of the present application to the Principal Bench, NCLT, forthwith.

SIDDHARTH MRIDUL, J JANUARY 19, 2017/dn