The case involves a petition filed under the Insolvency and Bankruptcy Code, 2016. The Operational Creditor, represented by Ms. Urvi Gulechha, sought to withdraw the petition. The Corporate Debtor, Varuna Alloys Pvt Ltd, was represented by Mr. Vishal J Dave. The Operational Creditor's counsel submitted that they were instructed by their client to withdraw the petition. The court granted permission, and the petition was withdrawn and disposed of. The case was heard through video conferencing before the Ahmedabad Bench of the National Company Law Tribunal on January 12, 2021.

The case involves a petition filed under the Insolvency and Bankruptcy Code, 2016. The Operational Creditor, represented by Ms. Urvi Gulechha, sought to withdraw the petition. The Corporate Debtor, Varuna Alloys Pvt Ltd, was represented by Mr. Vishal J Dave. The Operational Creditor's counsel submitted that they were instructed by their client to withdraw the petition. The court granted permission, and the petition was withdrawn and disposed of. The case was heard through video conferencing before the Ahmedabad Bench of the National Company Law Tribunal on January 12, 2021.