Mr. Avil Menezes filed an application. Bank of India is the financial creditor. VVF (India) Limited is the corporate debtor. The applicant sought withdrawal of the company petition under Section 12-A of the Insolvency and Bankruptcy Code, 2016, read with Regulation 30A of the Insolvency Resolution Process for Corporate Persons Regulations, 2016. The applicant submitted that the expenses as stipulated under Regulation 30A read with Regulation 33 of the CIRP Regulations have been paid. The suspended director of the corporate debtor deposited Rs. 61,84,00,000. The court allowed the withdrawal of the company petition.

Mr. Avil Menezes filed an application. Bank of India is the financial creditor. VVF (India) Limited is the corporate debtor. The applicant sought withdrawal of the company petition under Section 12-A of the Insolvency and Bankruptcy Code, 2016, read with Regulation 30A of the Insolvency Resolution Process for Corporate Persons Regulations, 2016. The applicant submitted that the expenses as stipulated under Regulation 30A read with Regulation 33 of the CIRP Regulations have been paid. The suspended director of the corporate debtor deposited Rs. 61,84,00,000. The court allowed the withdrawal of the company petition.