Udai Kant Mishra Prop. Surya Properties and Investments (Operational Creditor) filed CP No. (IB)-294/9/JPR/2019 against Man Prakash Talkies Pvt. Ltd. (Corporate Debtor) under Section 9 of the IBC, 2016. During the proceedings, the Operational Creditor's counsel, Mr. Anuroop Singhi, submitted that the agreed amount had been received from the Corporate Debtor. Consequently, the Operational Creditor expressed the desire to withdraw the petition. The court granted permission for the withdrawal, leading to the dismissal of the petition. The key fact is the settlement between the parties, leading to the withdrawal of the insolvency petition.

Udai Kant Mishra Prop. Surya Properties and Investments (Operational Creditor) filed CP No. (IB)-294/9/JPR/2019 against Man Prakash Talkies Pvt. Ltd. (Corporate Debtor) under Section 9 of the IBC, 2016. During the proceedings, the Operational Creditor's counsel, Mr. Anuroop Singhi, submitted that the agreed amount had been received from the Corporate Debtor. Consequently, the Operational Creditor expressed the desire to withdraw the petition. The court granted permission for the withdrawal, leading to the dismissal of the petition. The key fact is the settlement between the parties, leading to the withdrawal of the insolvency petition.