https://www.taxtmi.com/caselaws?id=376995 The Supreme Court allowed the settlement and annulled the proceedings as withdrawal was not allowed after the invitation for expression of interest, despite agreement from all parties. Regulation 30A was deemed directory and not mandatory, allowing for withdrawal based on the facts of each case. The Special Leave Petition was disposed of accordingly. en-us Fri, 14 Dec 2018 00:00:00 +0530 Thu, 28 Mar 2019 18:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376995 The Supreme Court allowed the settlement and annulled the proceedings as withdrawal was not allowed after the invitation for expression of interest, despite agreement from all parties. Regulation 30A was deemed directory and not mandatory, allowing for withdrawal based on the facts of each case. The Special Leave Petition was disposed of accordingly. Case-Laws Insolvency and Bankruptcy Fri, 14 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376995