Vikas Singh Malik filed a petition against Orris Infrastructure Pvt. Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016. During the proceedings, the counsel for the petitioner made an oral request to the court to dismiss the petition. This request was based on the fact that a settlement had been reached between Vikas Singh Malik and Orris Infrastructure Pvt. Ltd. The court, after considering the statement made by the counsel, granted permission for the withdrawal of the petition. Consequently, the petition was dismissed as withdrawn. The key fact is the settlement between the parties, which led to the withdrawal and dismissal of the petition.

Vikas Singh Malik filed a petition against Orris Infrastructure Pvt. Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016. During the proceedings, the counsel for the petitioner made an oral request to the court to dismiss the petition. This request was based on the fact that a settlement had been reached between Vikas Singh Malik and Orris Infrastructure Pvt. Ltd. The court, after considering the statement made by the counsel, granted permission for the withdrawal of the petition. Consequently, the petition was dismissed as withdrawn. The key fact is the settlement between the parties, which led to the withdrawal and dismissal of the petition.