The regular court proceedings were suspended/closed as per a Notice dated March 22, 2020, issued by the NCLT, Principal Bench, and subsequent follow-up orders due to the COVID-19 pandemic. This suspension affected the normal course of proceedings for the applications before the Amaravati Bench. Interlocutory Applications (IA Nos. 72, 73 & 74 of 2020) were placed before the Member Judicial. Counsel for both parties participated in the hearing via Video Conference (VC). The primary application, IA No. 72/2020, sought to withdraw the Corporate Petition (CP (IB) No. 172/9/AMR/2019) under Section 12A of the IBC, 2017. The application for withdrawal was filed under Section 12A of the Insolvency and Bankruptcy Code, 2016, read with Regulation 30(A) of the Corporate

The regular court proceedings were suspended/closed as per a Notice dated March 22, 2020, issued by the NCLT, Principal Bench, and subsequent follow-up orders due to the COVID-19 pandemic. This suspension affected the normal course of proceedings for the applications before the Amaravati Bench. Interlocutory Applications (IA Nos. 72, 73 & 74 of 2020) were placed before the Member Judicial. Counsel for both parties participated in the hearing via Video Conference (VC). The primary application, IA No. 72/2020, sought to withdraw the Corporate Petition (CP (IB) No. 172/9/AMR/2019) under Section 12A of the IBC, 2017. The application for withdrawal was filed under Section 12A of the Insolvency and Bankruptcy Code, 2016, read with Regulation 30(A) of the Corporate