Walsons Services Private Limited filed an application as an Operational Creditor against Quickdel Logistics Private Limited, the Corporate Debtor, under Section 9 of the Insolvency & Bankruptcy Code, 2016. The NCLT admitted the matter. However, the National Company Law Appellate Tribunal (NCLAT) set aside the NCLT's order dated 7th January, 2019, in Company Appeal (AT) (Insolvency) No.85 of 2019, titled Anand Rai Vs. Walsons Services Pvt. Ltd. & Anr. As a result, the application under Section 9 filed by the Operational Creditor was disposed of as withdrawn. The NCLT was informed that the cost of the CIRP had already been paid/disbursed. Consequently, the NCLT disposed of the petition, releasing the Corporate Debtor from all the rigour of law.

Walsons Services Private Limited filed an application as an Operational Creditor against Quickdel Logistics Private Limited, the Corporate Debtor, under Section 9 of the Insolvency & Bankruptcy Code, 2016. The NCLT admitted the matter. However, the National Company Law Appellate Tribunal (NCLAT) set aside the NCLT's order dated 7th January, 2019, in Company Appeal (AT) (Insolvency) No.85 of 2019, titled Anand Rai Vs. Walsons Services Pvt. Ltd. & Anr. As a result, the application under Section 9 filed by the Operational Creditor was disposed of as withdrawn. The NCLT was informed that the cost of the CIRP had already been paid/disbursed. Consequently, the NCLT disposed of the petition, releasing the Corporate Debtor from all the rigour of law.