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Mukesh Goel And Others v. Goel Marketing & Distribution Co. Ltd.

National Company Law Tribunal
Jan 4, 2021
Smart Summary (Beta)

Factual and Procedural Background

The matter was taken up through Video Conferencing. Learned counsel for the parties were present. An interlocutory application, I.A. 44/2018, filed by Goel Marketing & Distribution Company Limited was not pressed by the applicant, who sought to withdraw the petition. The court allowed the withdrawal and recorded that I.A. 44/2018 stands disposed of as withdrawn.

Legal Issues Presented

The opinion addresses a procedural matter and does not frame distinct legal issues.

Arguments of the Parties

The opinion does not contain a detailed account of the parties' legal arguments.

Table of Precedents Cited

No precedents were cited in the provided opinion.

Court's Reasoning and Analysis

The court's disposition is procedural and concise. The basis for the order, as recorded in the opinion, is that I.A. 44/2018 was not pressed by the applicant (Goel Marketing & Distribution Company Limited) and the applicant sought to withdraw the petition. Upon that statement, the court allowed the withdrawal and disposed of I.A. 44/2018 as withdrawn. The opinion contains no further legal analysis or elaboration.

Holding and Implications

I.A. 44/2018 stands disposed of as withdrawn.

Implications: The direct effect is that the interlocutory application filed by Goel Marketing & Distribution Company Limited is withdrawn and disposed of. The opinion does not record any broader legal implications or the setting of new precedent.

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The matter is taken up through Video Conferencing.

2. Learned counsel for the parties are present. I.A. 44/2018 filed by Goel Marketing & Distribution Company Limited is not pressed for and they want to withdraw the petition. Withdrawal of the petition is allowed.

3. I.A. 44/2018 stands disposed of as withdrawn.