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2019 (8) TMI 1539 - Tri - Insolvency and BankruptcyApplication for withdrawal of the Petition - withdrawal sought on the ground that both parties have arrived at the terms of compromise mentioned therein - HELD THAT:- We perused the memo for withdrawal. The Petition is not yet admitted. Hence, permission can be granted to the Operational Creditor to withdraw the petition under Rule 8 of Insolvency & Bankruptcy (Application to Adjudicating Authority) Rules 2016. Permission is granted to the Operational Creditor to withdraw the Petition - Petition is dismissed as withdrawn.
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