The applicant, N. Thiruvengataswamy, filed an application (IBA/141/2020) under Section 7 Rule 4 of IBC 2016. During the hearing, the applicant's counsel, Mr. M. Jayaprakash and Mr. P.J. Sri Ganesh, requested permission to withdraw the application, stating that an email had been sent to the Registry on 2020-12-02. The respondent's counsel, Ms. P. Valliappan, was present. The court took the email on record and dismissed the application as withdrawn. This indicates that the applicant no longer wished to pursue the insolvency proceedings against the corporate debtor, Kumaran Gin and Pressing Pvt Ltd.

The applicant, N. Thiruvengataswamy, filed an application (IBA/141/2020) under Section 7 Rule 4 of IBC 2016. During the hearing, the applicant's counsel, Mr. M. Jayaprakash and Mr. P.J. Sri Ganesh, requested permission to withdraw the application, stating that an email had been sent to the Registry on 2020-12-02. The respondent's counsel, Ms. P. Valliappan, was present. The court took the email on record and dismissed the application as withdrawn. This indicates that the applicant no longer wished to pursue the insolvency proceedings against the corporate debtor, Kumaran Gin and Pressing Pvt Ltd.