Compact Disc India Ltd has informed BSE that: "The management has decided not to proceed with the delisting process until the issues with HSBC Bank are settled, to avoid any kind of uncertainty with the delisting process. In view of this voluntary decision of the management, the counsel was instructed to withdraw the appeal on July 01, 2011. Since the process of delisting has been halted, the stay proceedings before DRT are no more relevant."
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