Application for Withdrawal Granted under Section 12A: Corporate Insolvency Resolution Process Ended

The National Company Law Appellate Tribunal, New Delhi, allowed the application for withdrawal under Section 12A of the I&B Code, 2016, resulting in the withdrawal of the corporate insolvency resolution process against the Corporate Debtor. No additional orders were deemed necessary.

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The National Company Law Appellate Tribunal, New Delhi, disposed of an appeal where the application for withdrawal under Section 12A of the I&B Code, 2016 was allowed by the Adjudicating Authority. The corporate insolvency resolution process against the Corporate Debtor was withdrawn. No further order was required.

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