The case involves a Corporate Insolvency Resolution Process (CIRP) application filed under Section 9 of the Insolvency and Bankruptcy Code (IBC). Mr. Wali Haider, claiming to be the authorized signatory of the applicant, filed a withdrawal application for CP(IB) 720/2019. The court found that Mr. Wali Haider was indeed authorized to file the application based on a board resolution passed on 20.06.2019. The board resolution is annexed at page no.140 of the application. The key fact is the authorization of Mr. Wali Haider to withdraw the application, which led to the dismissal of the CIRP application.

The case involves a Corporate Insolvency Resolution Process (CIRP) application filed under Section 9 of the Insolvency and Bankruptcy Code (IBC). Mr. Wali Haider, claiming to be the authorized signatory of the applicant, filed a withdrawal application for CP(IB) 720/2019. The court found that Mr. Wali Haider was indeed authorized to file the application based on a board resolution passed on 20.06.2019. The board resolution is annexed at page no.140 of the application. The key fact is the authorization of Mr. Wali Haider to withdraw the application, which led to the dismissal of the CIRP application.