L&T Finance Limited filed an application against Proview Infrastructure Private Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. Phoenix ARC Private Limited, as the applicant, filed IA No. 3284/ND/2022 and IB-84/ND/2022. The applicant, represented by Mr. Chaturvedi and Ms. Nishtha Chaturvedi, sought to withdraw both the Interlocutory Application (IA) and the main petition (IB-84/ND/2022). The reason for the withdrawal was the ongoing Corporate Insolvency Resolution Process (CIRP) proceedings initiated by the tribunal in IB-199/2022, titled Sawaria Seth Infratech Private Limited Versus Proview Infrastructure Private Limited. The applicant was granted the liberty to file their claim before the IRP.

L&T Finance Limited filed an application against Proview Infrastructure Private Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. Phoenix ARC Private Limited, as the applicant, filed IA No. 3284/ND/2022 and IB-84/ND/2022. The applicant, represented by Mr. Chaturvedi and Ms. Nishtha Chaturvedi, sought to withdraw both the Interlocutory Application (IA) and the main petition (IB-84/ND/2022). The reason for the withdrawal was the ongoing Corporate Insolvency Resolution Process (CIRP) proceedings initiated by the tribunal in IB-199/2022, titled Sawaria Seth Infratech Private Limited Versus Proview Infrastructure Private Limited. The applicant was granted the liberty to file their claim before the IRP.