https://www.taxtmi.com/acts?id=32528 Withdrawal of an application admitted under section 7, section 9 or section 10 is permitted only with the Adjudicating Authority's approval, on an application made by the resolution professional and supported by ninety per cent of the committee of creditors' voting share. Withdrawal is barred before constitution of the committee of creditors and after the first invitation for submission of a resolution plan has been issued. The Adjudicating Authority must decide the withdrawal application within thirty days, or record reasons for delay in writing. en-us Mon, 20 Aug 2018 14:28:40 +0530 Tue, 26 May 2026 11:27:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32528 Withdrawal of an application admitted under section 7, section 9 or section 10 is permitted only with the Adjudicating Authority's approval, on an application made by the resolution professional and supported by ninety per cent of the committee of creditors' voting share. Withdrawal is barred before constitution of the committee of creditors and after the first invitation for submission of a resolution plan has been issued. The Adjudicating Authority must decide the withdrawal application within thirty days, or record reasons for delay in writing. Act-Rules IBC Mon, 20 Aug 2018 14:28:40 +0530 https://www.taxtmi.com/acts?id=32528