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        Companies Law

        2019 (8) TMI 1440 - Tri - Companies Law

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        Approval of Termination in CP No.IB-179/ND/19 Due to Settlement Agreement The National Company Law Tribunal, New Delhi approved the termination of CP No.IB-179/ND/19 due to a settlement between the parties. The Interim ...
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                            Approval of Termination in CP No.IB-179/ND/19 Due to Settlement Agreement

                            The National Company Law Tribunal, New Delhi approved the termination of CP No.IB-179/ND/19 due to a settlement between the parties. The Interim Resolution Professional (IRP) will present the settlement to the Committee of Creditors (COC) for review in a meeting to be arranged by the IRP.


                            The judgment by the National Company Law Tribunal, New Delhi involves an application seeking termination of CP No.IB-179/ND/19 due to a settlement between the parties. The IRP will report to the COC regarding the settlement for its consideration in a meeting to be convened by the IRP.
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