Shami Samad filed a petition against Zedo (India) Pvt. Ltd. under Section 9 of the Insolvency and Bankruptcy Code. Both parties' representatives appeared before the NCLT, Mumbai Bench, and submitted Consent Terms, signifying an agreement to settle their dispute. According to the Consent Terms, Zedo (India) Pvt. Ltd., the corporate debtor, agreed to pay INR 12,50,000 to Shami Samad, the operational creditor, as a full and final settlement of the claims. Consequently, the parties requested the withdrawal of the petition. The court, acknowledging the settlement and the filed Consent Terms, allowed the petition to be withdrawn.

Shami Samad filed a petition against Zedo (India) Pvt. Ltd. under Section 9 of the Insolvency and Bankruptcy Code. Both parties' representatives appeared before the NCLT, Mumbai Bench, and submitted Consent Terms, signifying an agreement to settle their dispute. According to the Consent Terms, Zedo (India) Pvt. Ltd., the corporate debtor, agreed to pay INR 12,50,000 to Shami Samad, the operational creditor, as a full and final settlement of the claims. Consequently, the parties requested the withdrawal of the petition. The court, acknowledging the settlement and the filed Consent Terms, allowed the petition to be withdrawn.