M/s. Robo Silicon Private Limited (the 'Applicant/Operational Creditor') filed C.P. (IB) No.248/BB/2018 under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against M/s. Fortuna Constructions (India) Private Limited (the 'Respondent/Corporate Debtor'). The basis for the application was a default of Rs.2,37,977/-. Subsequently, the Operational Creditor filed a memo seeking to withdraw the petition with liberty to pursue other legal remedies. The petition had not yet been admitted.

M/s. Robo Silicon Private Limited (the 'Applicant/Operational Creditor') filed C.P. (IB) No.248/BB/2018 under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against M/s. Fortuna Constructions (India) Private Limited (the 'Respondent/Corporate Debtor'). The basis for the application was a default of Rs.2,37,977/-. Subsequently, the Operational Creditor filed a memo seeking to withdraw the petition with liberty to pursue other legal remedies. The petition had not yet been admitted.