Sri Santosh Kumar Pareek filed an appeal before the National Company Law Appellate Tribunal (NCLAT), New Delhi. During the proceedings, the appellant's counsel informed the court that a settlement had been reached between the parties. As a result of this settlement, an application under Section 12A of an unspecified act, read with Regulation 30A of an unspecified regulation, was filed with the Adjudicating Authority (NCLT) Kolkata Bench, New Delhi, seeking withdrawal of the initial application. The Adjudicating Authority accepted the withdrawal application on January 23, 2019. Consequently, the application filed by the Financial Creditor was also withdrawn. The appeal before the NCLAT was rendered infructuous due to these withdrawals.

Sri Santosh Kumar Pareek filed an appeal before the National Company Law Appellate Tribunal (NCLAT), New Delhi. During the proceedings, the appellant's counsel informed the court that a settlement had been reached between the parties. As a result of this settlement, an application under Section 12A of an unspecified act, read with Regulation 30A of an unspecified regulation, was filed with the Adjudicating Authority (NCLT) Kolkata Bench, New Delhi, seeking withdrawal of the initial application. The Adjudicating Authority accepted the withdrawal application on January 23, 2019. Consequently, the application filed by the Financial Creditor was also withdrawn. The appeal before the NCLAT was rendered infructuous due to these withdrawals.