The applicant in IA (IBC)/29/2025 was instructed to obtain NoC from Navayuga Engineering Company Limited, Navayuga Port Projects Limited, and CVR Holding Corporation. An earlier order contained an error, incorrectly identifying CVR Holding Corporation as “M/s. MKS Constro Venture Private Limited, Operational Creditor”. The applicant subsequently filed the required NoC from all three companies. The applicant sought to withdraw the petition under Section 9 of the IBC. The court found that the applicant had met all statutory requirements for withdrawal.

The applicant in IA (IBC)/29/2025 was instructed to obtain NoC from Navayuga Engineering Company Limited, Navayuga Port Projects Limited, and CVR Holding Corporation. An earlier order contained an error, incorrectly identifying CVR Holding Corporation as “M/s. MKS Constro Venture Private Limited, Operational Creditor”. The applicant subsequently filed the required NoC from all three companies. The applicant sought to withdraw the petition under Section 9 of the IBC. The court found that the applicant had met all statutory requirements for withdrawal.