The Operational Creditor/Petitioner filed an application (CA 35/2019) seeking permission to withdraw CP No. (IB) 328/2018 under Rule 8 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. The Corporate Debtor, Techno Electric & Engineering Company Ltd., repaid the operational debt. CP (IB) 328/2018 was reserved for orders, and the petition was not yet admitted. Shubham Agarwal, along with Rahul Agarwal, represented the Operational Creditor. R.P. Agarwal represented the respondent. The court permitted the withdrawal, reopened the case suo moto, and disposed of it as withdrawn. The case involves Techno Electric & Engineering Company Ltd. Vs. Prayagraj Power Generation Co. Ltd.

The Operational Creditor/Petitioner filed an application (CA 35/2019) seeking permission to withdraw CP No. (IB) 328/2018 under Rule 8 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. The Corporate Debtor, Techno Electric & Engineering Company Ltd., repaid the operational debt. CP (IB) 328/2018 was reserved for orders, and the petition was not yet admitted. Shubham Agarwal, along with Rahul Agarwal, represented the Operational Creditor. R.P. Agarwal represented the respondent. The court permitted the withdrawal, reopened the case suo moto, and disposed of it as withdrawn. The case involves Techno Electric & Engineering Company Ltd. Vs. Prayagraj Power Generation Co. Ltd.