The Applicant/Financial Creditor filed an application to record the consent terms agreed upon by the parties on 2022-11-16. The Financial Creditor's counsel stated that the Corporate Debtor would make payments according to the consent terms, which would fully satisfy the Financial Creditor. The Financial Creditor also requested the liberty to revive the petition if the consent terms were breached. The court acknowledged the submissions and noted the agreement between the parties. Consequently, the Company Petition was closed, but the Financial Creditor retained the right to revive it if the consent terms were violated. The key fact is the agreement on consent terms and the provision for revival of the petition.

The Applicant/Financial Creditor filed an application to record the consent terms agreed upon by the parties on 2022-11-16. The Financial Creditor's counsel stated that the Corporate Debtor would make payments according to the consent terms, which would fully satisfy the Financial Creditor. The Financial Creditor also requested the liberty to revive the petition if the consent terms were breached. The court acknowledged the submissions and noted the agreement between the parties. Consequently, the Company Petition was closed, but the Financial Creditor retained the right to revive it if the consent terms were violated. The key fact is the agreement on consent terms and the provision for revival of the petition.