A new application, IB-817/PB/2020, was filed under Section 9 of the Insolvency & Bankruptcy Code, 2016. The parties involved reached an amicable settlement. Mr. Ankur Aggarwal, the learned counsel on record, stated that the parties had settled the matter and he was instructed to apply for withdrawal of the application. He then requested the court to allow him to withdraw the application. The fact that the parties settled amicably is key to the court's decision to allow the withdrawal.

A new application, IB-817/PB/2020, was filed under Section 9 of the Insolvency & Bankruptcy Code, 2016. The parties involved reached an amicable settlement. Mr. Ankur Aggarwal, the learned counsel on record, stated that the parties had settled the matter and he was instructed to apply for withdrawal of the application. He then requested the court to allow him to withdraw the application. The fact that the parties settled amicably is key to the court's decision to allow the withdrawal.