Union Bank of India filed an application under Section 7 of the Insolvency and Bankruptcy Code (IBC) against RK Infratel Ltd. Several Interlocutory Applications (IAs) were filed in connection with the Corporate Insolvency Resolution Process (CIRP). The applicant sought to withdraw CP(IB) 324 of 2019, and filed an affidavit and an order dated 18.10.2023 to support this request. The key fact is the withdrawal of the main application, CP(IB) 324 of 2019, rendering the associated IAs infructuous.

Union Bank of India filed an application under Section 7 of the Insolvency and Bankruptcy Code (IBC) against RK Infratel Ltd. Several Interlocutory Applications (IAs) were filed in connection with the Corporate Insolvency Resolution Process (CIRP). The applicant sought to withdraw CP(IB) 324 of 2019, and filed an affidavit and an order dated 18.10.2023 to support this request. The key fact is the withdrawal of the main application, CP(IB) 324 of 2019, rendering the associated IAs infructuous.