Touchstone Holdings Pvt. Ltd. filed a Corporate Insolvency Resolution Process (CIRP) application against Ramprastha Promoters & Developers Pvt. Ltd. under Section 7 of the IBC, 2016. The case was listed under priority category. During the hearing, the petitioner's counsel submitted that the matter had been settled between the parties. The respondent's counsel confirmed the settlement. Consequently, the court dismissed the CIRP application as withdrawn. The key fact is the settlement between the parties, which led to the dismissal of the case.

Touchstone Holdings Pvt. Ltd. filed a Corporate Insolvency Resolution Process (CIRP) application against Ramprastha Promoters & Developers Pvt. Ltd. under Section 7 of the IBC, 2016. The case was listed under priority category. During the hearing, the petitioner's counsel submitted that the matter had been settled between the parties. The respondent's counsel confirmed the settlement. Consequently, the court dismissed the CIRP application as withdrawn. The key fact is the settlement between the parties, which led to the dismissal of the case.