https://www.taxtmi.com/caselaws?id=276763 The Tribunal held that the application for withdrawal of the Petition under IBC 2016 was not maintainable post-admission, as the Petition transformed into a representative suit involving all creditors. The Tribunal dismissed the withdrawal application and directed the IRP to proceed as per IBC 2016 provisions. The case was scheduled for further proceedings. en-us Mon, 29 May 2017 00:00:00 +0530 Sat, 17 Nov 2018 07:52:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276763 The Tribunal held that the application for withdrawal of the Petition under IBC 2016 was not maintainable post-admission, as the Petition transformed into a representative suit involving all creditors. The Tribunal dismissed the withdrawal application and directed the IRP to proceed as per IBC 2016 provisions. The case was scheduled for further proceedings. Case-Laws Companies Law Mon, 29 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276763