Small Industries Development Bank of India, acting as the financial creditor, filed CP (IB) No. 254/Chd/Hry/2021 against Vikrant Rai Mehta, the personal guarantor, under Section 95 of the Insolvency and Bankruptcy Code, 2016. During the proceedings, the petitioner's counsel stated that the matter had been settled with an One-Time Settlement (OTS). Consequently, the petitioner sought to withdraw the petition. The court, considering the statement made by the petitioner's counsel, dismissed the petition as withdrawn. The credentials of Mr. Vivek Bansal, RP, were verified by the Registry.

Small Industries Development Bank of India, acting as the financial creditor, filed CP (IB) No. 254/Chd/Hry/2021 against Vikrant Rai Mehta, the personal guarantor, under Section 95 of the Insolvency and Bankruptcy Code, 2016. During the proceedings, the petitioner's counsel stated that the matter had been settled with an One-Time Settlement (OTS). Consequently, the petitioner sought to withdraw the petition. The court, considering the statement made by the petitioner's counsel, dismissed the petition as withdrawn. The credentials of Mr. Vivek Bansal, RP, were verified by the Registry.