Gupshup Technology India Pvt. Ltd., the petitioner and operational creditor, initiated a corporate insolvency resolution process against One Mobikwik Systems Pvt. Ltd., the respondent and corporate debtor, under Section 9 of the IBC 2016. The petitioner's counsel submitted that the entire amount as per the settlement agreement, annexed as Annexure A-1 in IA No. 351/2022, has been received. Based on this submission, the petitioner sought to withdraw the petition. The court, considering the facts, circumstances, and the statement made by the learned counsel for the petitioner, allowed the withdrawal.

Gupshup Technology India Pvt. Ltd., the petitioner and operational creditor, initiated a corporate insolvency resolution process against One Mobikwik Systems Pvt. Ltd., the respondent and corporate debtor, under Section 9 of the IBC 2016. The petitioner's counsel submitted that the entire amount as per the settlement agreement, annexed as Annexure A-1 in IA No. 351/2022, has been received. Based on this submission, the petitioner sought to withdraw the petition. The court, considering the facts, circumstances, and the statement made by the learned counsel for the petitioner, allowed the withdrawal.