M/s New Era Petrochem Pvt. Ltd. initiated proceedings against M/s Shree Ranisati Irrigation Pvt. Ltd. under Section 9 of the IBC, 2016. Mr. Rajnish Lohia, Director of the Corporate Debtor, previously stated that the entire amount had been paid and settled. An affidavit of withdrawal of application was filed on 2022-04-28 by Mr. Vibhu Purohit, Authorized Signatory of the Operational Creditor, confirming that the Corporate Debtor had amicably settled the entire dues. Based on this affidavit, the case was dismissed as withdrawn.

M/s New Era Petrochem Pvt. Ltd. initiated proceedings against M/s Shree Ranisati Irrigation Pvt. Ltd. under Section 9 of the IBC, 2016. Mr. Rajnish Lohia, Director of the Corporate Debtor, previously stated that the entire amount had been paid and settled. An affidavit of withdrawal of application was filed on 2022-04-28 by Mr. Vibhu Purohit, Authorized Signatory of the Operational Creditor, confirming that the Corporate Debtor had amicably settled the entire dues. Based on this affidavit, the case was dismissed as withdrawn.