The Southern Power Distribution Company Of Andhra Pradesh Ltd initiated a Company Petition against AMI Tech (India) Pvt Ltd. The petition was filed under Section 9 of the IBC. During the proceedings, a memo of withdrawal was filed by the parties. Counsel for both sides were present during the hearing. The court considered the memo of withdrawal and dismissed the petition, allowing the petitioner to file a fresh application if a new cause of action arises within the limitation period. The case was heard at the Amaravathi Bench of the National Company Law Tribunal (NCLT).

The Southern Power Distribution Company Of Andhra Pradesh Ltd initiated a Company Petition against AMI Tech (India) Pvt Ltd. The petition was filed under Section 9 of the IBC. During the proceedings, a memo of withdrawal was filed by the parties. Counsel for both sides were present during the hearing. The court considered the memo of withdrawal and dismissed the petition, allowing the petitioner to file a fresh application if a new cause of action arises within the limitation period. The case was heard at the Amaravathi Bench of the National Company Law Tribunal (NCLT).