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Need help to withdraw case from NCLT as per last hearing


18-Sep-2023 (In Recovery Law)
I have filed the joint petition with four other to recover the money but later there is a compromise with the corporate debtor. Now my lawyer requested to amend the petition on the ground of compromise but in last hearing, his request was rejected and our application was disposed of with liberty to file withdrawal application. I need help to share the advice on withdrawal procedure, cost and also looking to hire someone for the same.
Answers (1)

Answer #1
771 votes
Withdrawal of case means it may be on an agreement or without that but a compromise settlement means the terms of compromise may be reduced to writing and recorded in court upon which a decree will be drawn by the court
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