IA No. 360 of 2021 was filed by the Corporate Debtor seeking disposal of the main CP due to the settlement of the dispute. The Committee of Creditors (CoC) convened on 2021-05-25 and unanimously (100% vote) passed a resolution approving the withdrawal of the corporate insolvency resolution process. The Resolution Professional (RP) was present online during the proceedings. The parties involved had reached a settlement, leading to the application for disposal. The court considered the settlement and the CoC's approval. The key fact is the settlement of the dispute between the parties, leading to the application for withdrawal and the CoC's approval of the same.

IA No. 360 of 2021 was filed by the Corporate Debtor seeking disposal of the main CP due to the settlement of the dispute. The Committee of Creditors (CoC) convened on 2021-05-25 and unanimously (100% vote) passed a resolution approving the withdrawal of the corporate insolvency resolution process. The Resolution Professional (RP) was present online during the proceedings. The parties involved had reached a settlement, leading to the application for disposal. The court considered the settlement and the CoC's approval. The key fact is the settlement of the dispute between the parties, leading to the application for withdrawal and the CoC's approval of the same.