M/s Teen Murti Construction Pvt. Ltd., the Operational Creditor/Applicant, initiated a Corporate Insolvency Resolution Process (CIRP) against M/s Rajasthan Urban Drinking Water Sewerage and infrastructure and corporation Ltd. & Ors., the Corporate Debtor/Respondent, by filing CP No. (IB)-78/9/JPR/2020 under Section 9 of the IBC, 2016. Subsequently, an application (IA No. 440/JPR/2023) was filed under Section 12A of the IBC, 2016, read with Regulation 30A of the IBBI Regulations, 2016, seeking the withdrawal of the CIRP. Mr. Vikram Singh Rathore, the IRP, was present in person. The relevance of these facts lies in the procedural steps taken under the IBC for initiating and subsequently seeking to withdraw a CIRP.

M/s Teen Murti Construction Pvt. Ltd., the Operational Creditor/Applicant, initiated a Corporate Insolvency Resolution Process (CIRP) against M/s Rajasthan Urban Drinking Water Sewerage and infrastructure and corporation Ltd. & Ors., the Corporate Debtor/Respondent, by filing CP No. (IB)-78/9/JPR/2020 under Section 9 of the IBC, 2016. Subsequently, an application (IA No. 440/JPR/2023) was filed under Section 12A of the IBC, 2016, read with Regulation 30A of the IBBI Regulations, 2016, seeking the withdrawal of the CIRP. Mr. Vikram Singh Rathore, the IRP, was present in person. The relevance of these facts lies in the procedural steps taken under the IBC for initiating and subsequently seeking to withdraw a CIRP.