M/s Subudhi Techno Engineers Pvt. Ltd., the Operational Creditor, filed a petition (CP No. (IB)-220/9/JPR/2020) against PNT Designs (Pvt.) Ltd., the Corporate Debtor, under Section 9 of the IBC, 2016. During the proceedings, the Operational Creditor, represented by Mr. Digant Deo, Advocate, sought to withdraw the petition. The reason for withdrawal was not explicitly stated, but the court granted permission for the withdrawal, allowing the petitioner to seek other appropriate remedies. Mr. Ankit Totuka, Advocate, represented the Corporate Debtor.

M/s Subudhi Techno Engineers Pvt. Ltd., the Operational Creditor, filed a petition (CP No. (IB)-220/9/JPR/2020) against PNT Designs (Pvt.) Ltd., the Corporate Debtor, under Section 9 of the IBC, 2016. During the proceedings, the Operational Creditor, represented by Mr. Digant Deo, Advocate, sought to withdraw the petition. The reason for withdrawal was not explicitly stated, but the court granted permission for the withdrawal, allowing the petitioner to seek other appropriate remedies. Mr. Ankit Totuka, Advocate, represented the Corporate Debtor.