The Resolution Professional filed an application under Section 12-A of the IP Code to withdraw the main application, supported by Form FA from the operational creditor. The last date for claim submissions was February 21, 2020, following a public announcement. However, the IRP did not receive any claims, preventing the formation of a Committee of Creditors (CoC). The Resolution Professional confirmed receiving all costs, and a settlement was reached between the parties. The court noted that the CoC was not constituted and no claims were received. The initial CIRP order was dated February 3, 2020.

The Resolution Professional filed an application under Section 12-A of the IP Code to withdraw the main application, supported by Form FA from the operational creditor. The last date for claim submissions was February 21, 2020, following a public announcement. However, the IRP did not receive any claims, preventing the formation of a Committee of Creditors (CoC). The Resolution Professional confirmed receiving all costs, and a settlement was reached between the parties. The court noted that the CoC was not constituted and no claims were received. The initial CIRP order was dated February 3, 2020.