Textile Chemical Industries filed an application under Section 9 of the IBC against Kadmawala Textile Mills Pvt Ltd. Ms. Ritu Chawla, representing the applicant, stated that the matter had been settled and filed a pursish for withdrawal. Mr. Riddhesh Trivedi, representing the Corporate Debtor, confirmed the settlement. The key fact is the settlement between the parties, leading to the applicant's request to withdraw the application. The court considered this settlement as the basis for allowing the withdrawal.

Textile Chemical Industries filed an application under Section 9 of the IBC against Kadmawala Textile Mills Pvt Ltd. Ms. Ritu Chawla, representing the applicant, stated that the matter had been settled and filed a pursish for withdrawal. Mr. Riddhesh Trivedi, representing the Corporate Debtor, confirmed the settlement. The key fact is the settlement between the parties, leading to the applicant's request to withdraw the application. The court considered this settlement as the basis for allowing the withdrawal.