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2019 (11) TMI 1564 - NATIONAL COMPANY LAW TRIBUNAL, BENGALURU BENCHPermission for withdrawal of petition - Maintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - existence of debt and dispute or not - HELD THAT:- Since the Petition is not admitted, and the party wanted to withdraw it and the petition cannot be taken judicial notice unless notice served on the other side, we are inclined to permit the Applicant to withdraw the petition by reserving liberty to file fresh Company petition, in accordance with law. Petition is disposed of as withdrawn.
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