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2020 (2) TMI 1337 - HC - Companies LawPermission for withdrawal of petition - Maintainability of petition - availability of equally efficacious alternative remedy available of approaching the National Company Law Tribunal - Sections 241, 242 read with Section 430 of the Companies Act, 2013 - HELD THAT:- The petitioner seeks leave to withdraw the petition with liberty to approach the NCLT in terms of Section 244 of the Companies Act, 2013, while also reserving the right to take such remedies as may be available in law, in case NCLT refuses to grant waiver to the petitioner under subsection 244 of the Companies Act, 2013. The petition is dismissed as withdrawn with liberty as prayed for.
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