On September 10, 2019, NSL Wind Power Company (Phoolwadi) Pvt Ltd filed an application against Eastern Spinwell Ltd under Section 9 of the IBC 2016. The case was adjourned to February 12, 2021, and then to March 3, 2021, at the petitioner's request for reporting settlement. On March 3, 2021, the petitioner sought more time to file a joint memo of compromise, leading to another adjournment to April 28, 2021. The petitioner's counsel stated that Rs. 10 lakhs out of the total outstanding amount had been received, with Rs. 2 lakhs still due. Subsequently, the petitioner's counsel expressed a lack of interest in pursuing the matter further. This lack of interest led to the dismissal of the application for non-prosecution.

On September 10, 2019, NSL Wind Power Company (Phoolwadi) Pvt Ltd filed an application against Eastern Spinwell Ltd under Section 9 of the IBC 2016. The case was adjourned to February 12, 2021, and then to March 3, 2021, at the petitioner's request for reporting settlement. On March 3, 2021, the petitioner sought more time to file a joint memo of compromise, leading to another adjournment to April 28, 2021. The petitioner's counsel stated that Rs. 10 lakhs out of the total outstanding amount had been received, with Rs. 2 lakhs still due. Subsequently, the petitioner's counsel expressed a lack of interest in pursuing the matter further. This lack of interest led to the dismissal of the application for non-prosecution.