Exicom Tele Systems Ltd filed a petition C.P.(IB)/1134(MB)2021 against Kinetic Green Energy And Power Solutions Ltd under the Insolvency and Bankruptcy Code, 2016. During the hearing on 2022-08-10, the counsels for both parties informed the court that the matter had been settled amicably. Consequently, they sought to withdraw the petition. The court, acknowledging the settlement, dismissed the petition as withdrawn. Mr. Shantam Mandhyan a/w Ms. Aditi Mittal i/b M/s Krishnamurthy & Co., Ld. Cousnel represented the Operational Creditor, and Mr. Asav Rajan, Ld. Counsel represented the Corporate Debtor.

Exicom Tele Systems Ltd filed a petition C.P.(IB)/1134(MB)2021 against Kinetic Green Energy And Power Solutions Ltd under the Insolvency and Bankruptcy Code, 2016. During the hearing on 2022-08-10, the counsels for both parties informed the court that the matter had been settled amicably. Consequently, they sought to withdraw the petition. The court, acknowledging the settlement, dismissed the petition as withdrawn. Mr. Shantam Mandhyan a/w Ms. Aditi Mittal i/b M/s Krishnamurthy & Co., Ld. Cousnel represented the Operational Creditor, and Mr. Asav Rajan, Ld. Counsel represented the Corporate Debtor.