The Applicant/Financial Creditor filed an application to record consent terms agreed upon by the parties on 2022-11-16. The Financial Creditor's counsel stated that the Corporate Debtor would make payments as per the consent terms, satisfying the Financial Creditor. The Financial Creditor also sought the liberty to revive the petition if the consent terms were breached. The court took the submissions on record, noting the agreement between the parties. The relevance of these facts lies in the agreement reached between the parties and the Financial Creditor's right to revive the petition if the Corporate Debtor fails to adhere to the consent terms.

The Applicant/Financial Creditor filed an application to record consent terms agreed upon by the parties on 2022-11-16. The Financial Creditor's counsel stated that the Corporate Debtor would make payments as per the consent terms, satisfying the Financial Creditor. The Financial Creditor also sought the liberty to revive the petition if the consent terms were breached. The court took the submissions on record, noting the agreement between the parties. The relevance of these facts lies in the agreement reached between the parties and the Financial Creditor's right to revive the petition if the Corporate Debtor fails to adhere to the consent terms.