Mitcon Consultancy and Engineering Services Limited initiated a corporate insolvency resolution process against Meru Kapital Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. The applicant in IA/1136/2023 stated that the partial CIRP cost has been paid and the Operational Creditor is in the process of making the remaining payment. The petitioner, Chaitanya Nikte, requested to withdraw the Company Petition C.P.(IB)/2767(MB)2019. The court considered these submissions and disposed of the applications and the Company Petition.

Mitcon Consultancy and Engineering Services Limited initiated a corporate insolvency resolution process against Meru Kapital Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. The applicant in IA/1136/2023 stated that the partial CIRP cost has been paid and the Operational Creditor is in the process of making the remaining payment. The petitioner, Chaitanya Nikte, requested to withdraw the Company Petition C.P.(IB)/2767(MB)2019. The court considered these submissions and disposed of the applications and the Company Petition.