Desein Pvt. Ltd. filed a case against Action Ispat and Power Pvt. Ltd. The Corporate Debtor informed the court that a liquidation order had already been passed by the High Court of Delhi in C.P.731/2016. The Operational Creditor's counsel pressed an application for contempt proceedings against the Corporate Debtor, citing the retraction of a compromise between the parties as the basis for the application. The court noted that the compromise could be enforced through execution proceedings, but no undertaking was given to the court. Therefore, the court did not issue a notice to the Corporate Debtor and dismissed the application.

Desein Pvt. Ltd. filed a case against Action Ispat and Power Pvt. Ltd. The Corporate Debtor informed the court that a liquidation order had already been passed by the High Court of Delhi in C.P.731/2016. The Operational Creditor's counsel pressed an application for contempt proceedings against the Corporate Debtor, citing the retraction of a compromise between the parties as the basis for the application. The court noted that the compromise could be enforced through execution proceedings, but no undertaking was given to the court. Therefore, the court did not issue a notice to the Corporate Debtor and dismissed the application.