The Operational Creditor filed an IB petition against the Corporate Debtor, Vidres India Ceramics Pvt Ltd. During the proceedings, the Operational Creditor and the Corporate Debtor reached a settlement. Consequently, the Operational Creditor sought permission from the National Company Law Tribunal (NCLT), Ahmedabad Bench, to withdraw the IB petition. The Learned Counsel Mr. Pranav Thakkar appeared for the Operational Creditor. The NCLT granted the permission, and the petition was disposed of as withdrawn. The case was heard through video conferencing on 2020-09-28.

The Operational Creditor filed an IB petition against the Corporate Debtor, Vidres India Ceramics Pvt Ltd. During the proceedings, the Operational Creditor and the Corporate Debtor reached a settlement. Consequently, the Operational Creditor sought permission from the National Company Law Tribunal (NCLT), Ahmedabad Bench, to withdraw the IB petition. The Learned Counsel Mr. Pranav Thakkar appeared for the Operational Creditor. The NCLT granted the permission, and the petition was disposed of as withdrawn. The case was heard through video conferencing on 2020-09-28.