The key facts are as follows: A CIRP was initiated against Manidhari StainlessWire Private Limited via order dated 2023-08-17. ASREC (INDIA) LIMITED is the Financial Creditor. Subsequently, the Corporate Debtor and the Financial Creditor settled the matter. An application was filed seeking leave to withdraw the CIRP, supported by a CoC resolution. The Resolution Professional confirmed that their fee had been settled. The relevance of these facts is that they provide the basis for the court's decision to withdraw the CIRP.

The key facts are as follows: A CIRP was initiated against Manidhari StainlessWire Private Limited via order dated 2023-08-17. ASREC (INDIA) LIMITED is the Financial Creditor. Subsequently, the Corporate Debtor and the Financial Creditor settled the matter. An application was filed seeking leave to withdraw the CIRP, supported by a CoC resolution. The Resolution Professional confirmed that their fee had been settled. The relevance of these facts is that they provide the basis for the court's decision to withdraw the CIRP.