M/S. India Factoring And Finance Solutions Pvt. Ltd. v. M/S. Sharon Bio-Medicine Ltd. Cin No. L24110mh1989pl052251

1/1 CP580.15-209

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.580 OF 2015 M/s.India Factoring & Finance Solutions Pvt. Ltd. )....Petitioner V/s.

M/s.Sharon Bio-Medicine Ltd.

)....Respondent ---- Ms.Fatima Rashid Lakdawala for petitioner.

Mr.Amey Patil a/w Mr.Jash Vyas i/by Vivek Kantawala and Co.for Resolution Professional of respondent-company. ---- CORAM : K.R.SHRIRAM,J DATE : 22.3.2018 P.C.:- Ms.Lakdawala appearing for petitioner states that in view of the order dated 28.2.2018 passed by the NCLT in M.A.No.12 of 2018 in Company Petition No.246 of 2017, petitioner seeks leave to withdraw the petition with liberty to take out such proceedings if advised should the resolution plan as approved by NCLT fails. Ms.Lakdawala states the day the petition was admitted i.e., 25.4.2017, the company had obtained an order from NCLT granting moratorium and therefore, the petition was not advertised. In view thereof, petition stands disposed as withdrawn with liberty as sought. (K.R.SHRIRAM,J) KJ