On November 27, 2019, C.P. (IB No.1004/ND/2019) was admitted, initiating CIRP against M/s. Compare Infobase Limited. However, on November 30, 2019, the Operational Creditor and the Corporate Debtor entered into a settlement. The Resolution Professional, Navneet Arora, filed an application based on the Deed of Settlement. The RP stated that no public announcement was made as the matter was settled between the parties. The order dated November 27, 2019, was recalled, and the moratorium was ceased. The IRP was relieved, and Compare Infobase Limited was freed from the CIRP.

On November 27, 2019, C.P. (IB No.1004/ND/2019) was admitted, initiating CIRP against M/s. Compare Infobase Limited. However, on November 30, 2019, the Operational Creditor and the Corporate Debtor entered into a settlement. The Resolution Professional, Navneet Arora, filed an application based on the Deed of Settlement. The RP stated that no public announcement was made as the matter was settled between the parties. The order dated November 27, 2019, was recalled, and the moratorium was ceased. The IRP was relieved, and Compare Infobase Limited was freed from the CIRP.