Settlement in insolvency proceedings ended the dispute and led to setting aside the appellate tribunal's order.

Settlement between the parties covering the operational creditor's dues and another creditor in the committee of creditors rendered further adjudication unnecessary. On that basis, the appeal was disposed of, and the impugned order in the insolvency proceedings could not be sustained. The National Company Law Appellate Tribunal's order was set aside because the dispute had been resolved through settlement rather than requiring a merits determination.

---

---

Issues: Whether the appeal deserved disposal in view of the settlement between the parties and the consequential order passed in the insolvency proceedings.

Analysis: The settlement covered the outstanding dues of the operational creditor and another creditor forming part of the committee of creditors. In view of the settlement, no further adjudication on merits was required, and the impugned order of the appellate tribunal could not stand.

Conclusion: The appeal was disposed of on the basis of settlement, and the impugned order of the National Company Law Appellate Tribunal was set aside.

---