The case pertains to IA No. 137 of 2021, which was filed under Section 12A of the Insolvency and Bankruptcy Code, 2016. This application was submitted by the Interim Resolution Professional (IRP) for the withdrawal of the main Company Petition (CP) that had initiated the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, Vishvakarma Road Equipment Co Pvt Ltd. During the proceedings, the IRP presented an email from the Operational Creditor, Durga Enterprise, which was included as Annexure C on page 12 of the application. This email explicitly stated that the Operational Creditor had received the full amount claimed from the Corporate Debtor. Consequently, the Operational Creditor instructed the IRP to withdraw the insolvency application,

The case pertains to IA No. 137 of 2021, which was filed under Section 12A of the Insolvency and Bankruptcy Code, 2016. This application was submitted by the Interim Resolution Professional (IRP) for the withdrawal of the main Company Petition (CP) that had initiated the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, Vishvakarma Road Equipment Co Pvt Ltd. During the proceedings, the IRP presented an email from the Operational Creditor, Durga Enterprise, which was included as Annexure C on page 12 of the application. This email explicitly stated that the Operational Creditor had received the full amount claimed from the Corporate Debtor. Consequently, the Operational Creditor instructed the IRP to withdraw the insolvency application,