Kryfs Power Components Ltd. filed a company petition against Aditya Vidyut Appliances Ltd. seeking to recover Rs. 10,70,21,865/- with interest for unpaid dues related to the sale and supply of goods. The parties entered into consent terms on September 1, 2018, agreeing that Aditya Vidyut Appliances Ltd. would pay Rs. 12,02,01,898/- as a settlement amount, inclusive of interest and GST, according to a specified payment schedule. The corporate debtor unconditionally admitted the claim. The operational creditor agreed to withdraw the petition based on these consent terms, with the liberty to reapply if the corporate debtor defaulted. The parties agreed to settle all disputes amicably out of court. The initial payment of Rs. 25,00,000 was received. The petition was

Kryfs Power Components Ltd. filed a company petition against Aditya Vidyut Appliances Ltd. seeking to recover Rs. 10,70,21,865/- with interest for unpaid dues related to the sale and supply of goods. The parties entered into consent terms on September 1, 2018, agreeing that Aditya Vidyut Appliances Ltd. would pay Rs. 12,02,01,898/- as a settlement amount, inclusive of interest and GST, according to a specified payment schedule. The corporate debtor unconditionally admitted the claim. The operational creditor agreed to withdraw the petition based on these consent terms, with the liberty to reapply if the corporate debtor defaulted. The parties agreed to settle all disputes amicably out of court. The initial payment of Rs. 25,00,000 was received. The petition was