The case involves Hemang Resources Ltd as the company against whom an insolvency petition was filed. Dhar Coal Products Pvt Ltd is also mentioned. The Operational Creditor/Petitioner filed a petition under Section 9 of the Insolvency and Bankruptcy Code. The Operational Creditor/Petitioner received Rs. 26,16,623/- as full and final settlement of debt. The Learned Counsel of the Petitioner filed pursis with a request to withdraw the IB petition, as the matter was settled out of court. A copy of the minutes of meeting dated 22.07.2018 is enclosed, indicating that the stated amount has been received by the Operational Creditor/Petitioner from the Corporate Debtor (Respondent).

The case involves Hemang Resources Ltd as the company against whom an insolvency petition was filed. Dhar Coal Products Pvt Ltd is also mentioned. The Operational Creditor/Petitioner filed a petition under Section 9 of the Insolvency and Bankruptcy Code. The Operational Creditor/Petitioner received Rs. 26,16,623/- as full and final settlement of debt. The Learned Counsel of the Petitioner filed pursis with a request to withdraw the IB petition, as the matter was settled out of court. A copy of the minutes of meeting dated 22.07.2018 is enclosed, indicating that the stated amount has been received by the Operational Creditor/Petitioner from the Corporate Debtor (Respondent).