An application was filed under regulation 30A of the IBBI, seeking to withdraw an application. The application under Section 9 of the IB Code was admitted on 10.02.2020, and an IRP, Mr. Manish Kumar Bhagat, was appointed. The IRP ratified the content made by the Operational Creditor and confirmed receiving all dues and expenses. No COC has been constituted. The application is related to Nuvoco Vistas Corporation Ltd, with Archon Powerinfra India Pvt Ltd as the counterparty. The relevance of these facts is that they establish the procedural history and the basis for the court's decision to allow the withdrawal application.

An application was filed under regulation 30A of the IBBI, seeking to withdraw an application. The application under Section 9 of the IB Code was admitted on 10.02.2020, and an IRP, Mr. Manish Kumar Bhagat, was appointed. The IRP ratified the content made by the Operational Creditor and confirmed receiving all dues and expenses. No COC has been constituted. The application is related to Nuvoco Vistas Corporation Ltd, with Archon Powerinfra India Pvt Ltd as the counterparty. The relevance of these facts is that they establish the procedural history and the basis for the court's decision to allow the withdrawal application.