Bhartia Petro filed a petition against Simplex Castings Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Operational Creditor, Bhartia Petro, then sought leave of the court to withdraw the petition. The court granted the request, and the petition was subsequently dismissed as withdrawn. The case was heard by the Mumbai bench of the National Company Law Tribunal (NCLT).

Bhartia Petro filed a petition against Simplex Castings Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Operational Creditor, Bhartia Petro, then sought leave of the court to withdraw the petition. The court granted the request, and the petition was subsequently dismissed as withdrawn. The case was heard by the Mumbai bench of the National Company Law Tribunal (NCLT).