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of <h1>Appeal Dismissed as Withdrawn After Permission Granted to Withdraw the Appeal by the SC.</h1> <h3>Union Bank of India Versus Air Travel Enterprises India Ltd. & Ors.</h3> The SC permitted the appellant to withdraw the appeal, resulting in the appeal being dismissed as withdrawn. - Union Bank of India Versus Air Travel ... Seeking permission for withdrawal of appeal - Maintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - Financial Creditors - Financial Debt - Non-performing asset - existence of debt and dispute or not - time limitation - it was held by NCLAT that The Admission of Section 7 Application is set aside. HELD THAT:- The appeal is dismissed as withdrawn. The Supreme Court allowed the appellant to withdraw the appeal, which was then dismissed as withdrawn. Citation: 2021 (11) TMI 1187 - SC Order. Judges: Vineet Saran And Aniruddha Bose.
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