Avasarala Venkateshwara Rao filed an appeal as ‘Promoter' and ‘Director' of the suspended Board of the ‘Corporate Debtor'. The appellant's counsel sought to withdraw the appeal because it was bound to fail due to a technical error. The appellant requested permission to file a fresh appeal in his individual capacity. The court granted the withdrawal with the condition that a fresh appeal could be filed within 15 days, subject to legal exceptions. The technical error is a key fact as it motivated the withdrawal and the subsequent permission to refile.

Avasarala Venkateshwara Rao filed an appeal as ‘Promoter' and ‘Director' of the suspended Board of the ‘Corporate Debtor'. The appellant's counsel sought to withdraw the appeal because it was bound to fail due to a technical error. The appellant requested permission to file a fresh appeal in his individual capacity. The court granted the withdrawal with the condition that a fresh appeal could be filed within 15 days, subject to legal exceptions. The technical error is a key fact as it motivated the withdrawal and the subsequent permission to refile.