Penny Stock Below Rs 7 Hits Upper Circuit After PSU Bank Withdraws NCLT Petition on OTS Settlement Penny Stock Below Rs 7 Hits Upper Circuit After PSU Bank Withdraws NCLT Petition on OTS Settlement Market participants may interpret this as a stabilizing factor for the company, as insolvency proceedings often pose significant financial and operational challenges Karan Dsij / Thursday, February 20, 2025 / Article rating: 4.3 a financial creditor, decided to withdraw its insolvency petition against the company after negotiating a One-Time Settlement (OTS). The NCLT allowed the withdrawal but here's a catch