The case involves Creative Communication as the Operational Creditor and Nandan Saha Steel Pvt. Ltd. as the Corporate Debtor. The matter was brought before the National Company Law Tribunal (NCLT), Kolkata Bench, under Section 9 of the IBC. During the hearing on March 13, 2020, both parties jointly submitted that the matter had been settled out of the Tribunal. Consequently, the Operational Creditor sought permission to withdraw the Corporate Petition (CP). The NCLT granted this permission, leading to the disposal of the CP as withdrawn. Key facts include the out-of-tribunal settlement, the Operational Creditor's request for withdrawal, and the NCLT's approval of the withdrawal.

The case involves Creative Communication as the Operational Creditor and Nandan Saha Steel Pvt. Ltd. as the Corporate Debtor. The matter was brought before the National Company Law Tribunal (NCLT), Kolkata Bench, under Section 9 of the IBC. During the hearing on March 13, 2020, both parties jointly submitted that the matter had been settled out of the Tribunal. Consequently, the Operational Creditor sought permission to withdraw the Corporate Petition (CP). The NCLT granted this permission, leading to the disposal of the CP as withdrawn. Key facts include the out-of-tribunal settlement, the Operational Creditor's request for withdrawal, and the NCLT's approval of the withdrawal.