M/s. MM Aqua Technologies Ltd. filed a petition/application against Veda Chem Private Limited under Section 9 of the Insolvency & Bankruptcy Code (IBC), 2016. The Operational Creditor filed an application seeking withdrawal of the main matter, IB-450(ND)/2020, on 2024-07-11. Previously, the Operational Creditor was directed to comply with an order dated 2024-05-10, as per an order dated 2024-06-13. The Operational Creditor filed an affidavit on 2024-07-11, stating compliance with the order dated 2024-05-10, including the payment of Rs. 2,00,000, with Rs. 1,80,000 transferred to the IRP's bank account and Rs. 20,000 deposited with the income tax department against the IRP's PAN. The court accepted the statement in the affidavit, noting the deduction of TDS and

M/s. MM Aqua Technologies Ltd. filed a petition/application against Veda Chem Private Limited under Section 9 of the Insolvency & Bankruptcy Code (IBC), 2016. The Operational Creditor filed an application seeking withdrawal of the main matter, IB-450(ND)/2020, on 2024-07-11. Previously, the Operational Creditor was directed to comply with an order dated 2024-05-10, as per an order dated 2024-06-13. The Operational Creditor filed an affidavit on 2024-07-11, stating compliance with the order dated 2024-05-10, including the payment of Rs. 2,00,000, with Rs. 1,80,000 transferred to the IRP's bank account and Rs. 20,000 deposited with the income tax department against the IRP's PAN. The court accepted the statement in the affidavit, noting the deduction of TDS and