The case involves a Company Petition (C.P. (IB) No. 1230/MB/2019) filed by Rajarambapu Sahakari Bank Limited against Bombay Rayon Fashions Ltd. The matter was taken up on video conference (VC). Mr. Anand Prabhawalkar, Counsel for the Petitioner, and Ms. Siddhi Vora, Counsel for the Respondent, were present. Both parties submitted that the matter had been amicably settled and sought the withdrawal of the Company Petition. The Petitioner's counsel filed an affidavit for withdrawal. Consequently, the Company Petition was dismissed as not pressed. The key fact is the amicable settlement leading to the withdrawal of the petition.

The case involves a Company Petition (C.P. (IB) No. 1230/MB/2019) filed by Rajarambapu Sahakari Bank Limited against Bombay Rayon Fashions Ltd. The matter was taken up on video conference (VC). Mr. Anand Prabhawalkar, Counsel for the Petitioner, and Ms. Siddhi Vora, Counsel for the Respondent, were present. Both parties submitted that the matter had been amicably settled and sought the withdrawal of the Company Petition. The Petitioner's counsel filed an affidavit for withdrawal. Consequently, the Company Petition was dismissed as not pressed. The key fact is the amicable settlement leading to the withdrawal of the petition.