Allcargo Logistics Limited, an operational creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Inox Wind Limited, the corporate debtor. The operational creditor sought to initiate corporate insolvency resolution process against the corporate debtor. However, during the proceedings, the learned counsel for the petitioner sought permission to withdraw the petition, stating that the matter had been settled. The court granted the permission, and the petition was dismissed as withdrawn.

Allcargo Logistics Limited, an operational creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Inox Wind Limited, the corporate debtor. The operational creditor sought to initiate corporate insolvency resolution process against the corporate debtor. However, during the proceedings, the learned counsel for the petitioner sought permission to withdraw the petition, stating that the matter had been settled. The court granted the permission, and the petition was dismissed as withdrawn.