Ravi Renewable Energy & Lighting India Pvt Ltd filed an application against Manu Electricals Pvt Ltd under Section 9 of the IBC. The matter was settled for a total amount of Rs. 81,71,948. The IRP submitted that the COC was not formed, and the only claim received was from the applicant. The Corporate Debtor's director was present in person. The IRP was present the day before the order. The deed of settlement was executed on September 1, 2019. The applicant sought to withdraw the application IB-1307/ND/2018, which was granted by the court. The IRP was directed to hand over all documents to the Corporate Debtor and was discharged. The CIRP was terminated.

Ravi Renewable Energy & Lighting India Pvt Ltd filed an application against Manu Electricals Pvt Ltd under Section 9 of the IBC. The matter was settled for a total amount of Rs. 81,71,948. The IRP submitted that the COC was not formed, and the only claim received was from the applicant. The Corporate Debtor's director was present in person. The IRP was present the day before the order. The deed of settlement was executed on September 1, 2019. The applicant sought to withdraw the application IB-1307/ND/2018, which was granted by the court. The IRP was directed to hand over all documents to the Corporate Debtor and was discharged. The CIRP was terminated.