M/s Star Wire Products, acting as the Operational Creditor/Applicant, initiated proceedings against Fatehpuria Transformers and Switchgears Pvt. Ltd., identified as the Corporate Debtor, under Section 9 of the IBC, 2016. The case was presented before the NCLT Jaipur Bench. During the proceedings, the parties reached a mutual and amicable resolution. Subsequently, the Operational Creditor filed an application to withdraw the matter. The court, after hearing the submissions, found that the matter had indeed been resolved amicably and allowed the withdrawal application, dismissing the petition.

M/s Star Wire Products, acting as the Operational Creditor/Applicant, initiated proceedings against Fatehpuria Transformers and Switchgears Pvt. Ltd., identified as the Corporate Debtor, under Section 9 of the IBC, 2016. The case was presented before the NCLT Jaipur Bench. During the proceedings, the parties reached a mutual and amicable resolution. Subsequently, the Operational Creditor filed an application to withdraw the matter. The court, after hearing the submissions, found that the matter had indeed been resolved amicably and allowed the withdrawal application, dismissing the petition.