Premier Auto Finance Ltd. filed a petition against AMS Trading & Investment Pvt. Ltd. under the I&BP Code 2016. The petitioner then sought to withdraw the petition, stating they wished to withdraw the petition as per directions given by the Hon'ble Bench on 14 September 2017. The petitioner also sought the liberty to file a fresh petition against the respondent as a financial creditor under section 7 of the Insolvency and Bankruptcy Code, 2016. The court permitted the withdrawal and disposed of the petition.

Premier Auto Finance Ltd. filed a petition against AMS Trading & Investment Pvt. Ltd. under the I&BP Code 2016. The petitioner then sought to withdraw the petition, stating they wished to withdraw the petition as per directions given by the Hon'ble Bench on 14 September 2017. The petitioner also sought the liberty to file a fresh petition against the respondent as a financial creditor under section 7 of the Insolvency and Bankruptcy Code, 2016. The court permitted the withdrawal and disposed of the petition.