Sankalp Design & Engineers Pvt. Ltd., the Operational Creditor, filed a Company Petition C.P.(IB)/449(MB)/2021 against Sahara Hospitality Ltd., the Corporate Debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. During the hearing, the counsel for the Operational Creditor, Mr. Pravin Desai, submitted that the matter had been settled amicably between the parties. Consequently, the Operational Creditor intended to withdraw the Company Petition. The court granted permission for the withdrawal, leading to the dismissal of the petition.

Sankalp Design & Engineers Pvt. Ltd., the Operational Creditor, filed a Company Petition C.P.(IB)/449(MB)/2021 against Sahara Hospitality Ltd., the Corporate Debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. During the hearing, the counsel for the Operational Creditor, Mr. Pravin Desai, submitted that the matter had been settled amicably between the parties. Consequently, the Operational Creditor intended to withdraw the Company Petition. The court granted permission for the withdrawal, leading to the dismissal of the petition.