Rajeshkumar Gopalbhai Dargar Prop of M/s Vedika Construction, the Operational Creditor, initiated a Corporate Insolvency Resolution Process (CIRP) against Udaipur Mineral Development Syndicate Pvt. Ltd., the Corporate Debtor, by filing CP No. (IB)- 85/9/JPR/2022 under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The case was heard at the Jaipur Bench of the National Company Law Tribunal (NCLT) via video conferencing. During the proceedings, the counsel representing the Operational Creditor informed the court that the matter had been amicably settled between the parties. Consequently, the Operational Creditor sought permission to withdraw the petition. The court granted the permission, leading to the dismissal of the petition.

Rajeshkumar Gopalbhai Dargar Prop of M/s Vedika Construction, the Operational Creditor, initiated a Corporate Insolvency Resolution Process (CIRP) against Udaipur Mineral Development Syndicate Pvt. Ltd., the Corporate Debtor, by filing CP No. (IB)- 85/9/JPR/2022 under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The case was heard at the Jaipur Bench of the National Company Law Tribunal (NCLT) via video conferencing. During the proceedings, the counsel representing the Operational Creditor informed the court that the matter had been amicably settled between the parties. Consequently, the Operational Creditor sought permission to withdraw the petition. The court granted the permission, leading to the dismissal of the petition.