P.R. Infracon Pvt. Ltd., the operational creditor, filed a petition bearing CP No. (IB)- 82/9/JPR/2022 against Chetak Enterprises Ltd., the corporate debtor, under Section 9 of IBC, 2016. This petition initiated the corporate insolvency resolution process against the corporate debtor. The matter was heard by the National Company Law Tribunal, Jaipur Bench, through a web-based video conferencing platform. Subsequently, an application, IA No. 52/JPR/2023, was filed by the operational creditor seeking to withdraw the main petition. The basis for this withdrawal application was a settlement agreement reached between the parties, dated January 7, 2023. The operational creditor also sought liberty to file a fresh application in the event that the corporate debtor resiled

P.R. Infracon Pvt. Ltd., the operational creditor, filed a petition bearing CP No. (IB)- 82/9/JPR/2022 against Chetak Enterprises Ltd., the corporate debtor, under Section 9 of IBC, 2016. This petition initiated the corporate insolvency resolution process against the corporate debtor. The matter was heard by the National Company Law Tribunal, Jaipur Bench, through a web-based video conferencing platform. Subsequently, an application, IA No. 52/JPR/2023, was filed by the operational creditor seeking to withdraw the main petition. The basis for this withdrawal application was a settlement agreement reached between the parties, dated January 7, 2023. The operational creditor also sought liberty to file a fresh application in the event that the corporate debtor resiled