Meru Chem Private Limited filed a case against Maharashtra Bio Fertilisers (India) Private Limited under Section 9 of the Insolvency & Bankruptcy Code, 2016. The Financial Creditor's counsel submitted that the debt has been settled, and consent terms dated 2024-02-25 have been executed and placed on record by the Corporate Debtor's counsel. Ms. Riddhi Wagle, Advocate i/b Mr. Vishal Shriya, appeared for the Petitioner. The settlement of the debt is the key fact that led to the dismissal of the case.

Meru Chem Private Limited filed a case against Maharashtra Bio Fertilisers (India) Private Limited under Section 9 of the Insolvency & Bankruptcy Code, 2016. The Financial Creditor's counsel submitted that the debt has been settled, and consent terms dated 2024-02-25 have been executed and placed on record by the Corporate Debtor's counsel. Ms. Riddhi Wagle, Advocate i/b Mr. Vishal Shriya, appeared for the Petitioner. The settlement of the debt is the key fact that led to the dismissal of the case.