Peninsula Land Ltd. filed a petition against Alok Infrastructure Ltd. under the I & BP Code 2016. During the hearing on August 22, 2017, the learned representative for the petitioner stated that the petitioner wished to withdraw the petition. An application for withdrawal, duly signed and dated August 22, 2017, was submitted, along with an email directing the withdrawal with liberty to file a fresh application. The petitioner's decision to withdraw was suo motu. The relevance of the withdrawal lies in the petitioner's intention to potentially refile the petition later.

Peninsula Land Ltd. filed a petition against Alok Infrastructure Ltd. under the I & BP Code 2016. During the hearing on August 22, 2017, the learned representative for the petitioner stated that the petitioner wished to withdraw the petition. An application for withdrawal, duly signed and dated August 22, 2017, was submitted, along with an email directing the withdrawal with liberty to file a fresh application. The petitioner's decision to withdraw was suo motu. The relevance of the withdrawal lies in the petitioner's intention to potentially refile the petition later.