The applicant, Duplex Cables Pvt Ltd, filed an application (IBA/297/2020) under Section 9 Rule 6 of IBC, 2016. The respondent is Opel Auto Produts Pvt Ltd. The applicant's counsel stated that the matter had been settled out of court, and a memo was filed in the Registry on 01.12.2020 with S.R.No. 3582. The applicant then sought permission to withdraw the application. The key fact is the out-of-court settlement, which led to the withdrawal request.

The applicant, Duplex Cables Pvt Ltd, filed an application (IBA/297/2020) under Section 9 Rule 6 of IBC, 2016. The respondent is Opel Auto Produts Pvt Ltd. The applicant's counsel stated that the matter had been settled out of court, and a memo was filed in the Registry on 01.12.2020 with S.R.No. 3582. The applicant then sought permission to withdraw the application. The key fact is the out-of-court settlement, which led to the withdrawal request.