M/s Apeksha Infraproject Pvt. Ltd. initiated proceedings as a Financial Creditor against M/s Apeksha Infradevelopers Pvt. Ltd., the Corporate Debtor. The Financial Creditor filed IA No. 448/JPR/2022 to place a settlement deed dated 2022-09-01 on record, indicating a resolution between the parties. Subsequently, the Financial Creditor sought to withdraw the main petition, CP No. (IB)- 140/7/JPR/2019. The settlement deed is a key fact as it formed the basis for the withdrawal of the petition, suggesting an agreement between the creditor and the debtor to resolve the outstanding issues.

M/s Apeksha Infraproject Pvt. Ltd. initiated proceedings as a Financial Creditor against M/s Apeksha Infradevelopers Pvt. Ltd., the Corporate Debtor. The Financial Creditor filed IA No. 448/JPR/2022 to place a settlement deed dated 2022-09-01 on record, indicating a resolution between the parties. Subsequently, the Financial Creditor sought to withdraw the main petition, CP No. (IB)- 140/7/JPR/2019. The settlement deed is a key fact as it formed the basis for the withdrawal of the petition, suggesting an agreement between the creditor and the debtor to resolve the outstanding issues.