M/s. V J Electro Sales filed an application against Sai Solar Technology Private Limited. The application CP(IB)-1608/ND/2018 was filed under Section 9 of the Insolvency & Bankruptcy Code, 2016. The COC was not constituted, and all CIRP costs were paid to the Resolution Professional. The Resolution Professional, Mr. Rajiv Bajaj, confirmed that no other claims were received in response to the public notice. The application for withdrawal was based on the judgment of the Hon'ble Supreme Court in Swiss Ribbons Versus Union of India. The admission order dated 27.03.2019 was nullified.

M/s. V J Electro Sales filed an application against Sai Solar Technology Private Limited. The application CP(IB)-1608/ND/2018 was filed under Section 9 of the Insolvency & Bankruptcy Code, 2016. The COC was not constituted, and all CIRP costs were paid to the Resolution Professional. The Resolution Professional, Mr. Rajiv Bajaj, confirmed that no other claims were received in response to the public notice. The application for withdrawal was based on the judgment of the Hon'ble Supreme Court in Swiss Ribbons Versus Union of India. The admission order dated 27.03.2019 was nullified.