Taldhvaj Properties Pvt Ltd initiated insolvency proceedings against Shethia Erectors and Material Handlers Ltd under Section 7 of the Insolvency and Bankruptcy Code, 2016. Both the Financial Creditor's and the Corporate Debtor's counsels were present. Consent terms were filed in the matter, indicating an agreement between the parties. The court took the consent terms on record, leading to the dismissal of the case as withdrawn. The Financial Creditor is granted the liberty to approach the Tribunal again if there is any default.

Taldhvaj Properties Pvt Ltd initiated insolvency proceedings against Shethia Erectors and Material Handlers Ltd under Section 7 of the Insolvency and Bankruptcy Code, 2016. Both the Financial Creditor's and the Corporate Debtor's counsels were present. Consent terms were filed in the matter, indicating an agreement between the parties. The court took the consent terms on record, leading to the dismissal of the case as withdrawn. The Financial Creditor is granted the liberty to approach the Tribunal again if there is any default.