https://www.taxtmi.com/caselaws?id=384687 The NCLAT set aside the impugned order, allowing the withdrawal of the application under Section 9 of the I&B Code. All orders concerning the appointment of the Interim Resolution Professional were revoked. The Corporate Debtor was directed to pay the remaining Rs. 63,000 within 15 days, avoiding contempt proceedings. The Respondent Company was released from legal restrictions, enabling it to function independently. The appeal was allowed with specific directions, and no costs were imposed. en-us Mon, 10 Jun 2019 00:00:00 +0530 Mon, 11 Nov 2024 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384687 The NCLAT set aside the impugned order, allowing the withdrawal of the application under Section 9 of the I&B Code. All orders concerning the appointment of the Interim Resolution Professional were revoked. The Corporate Debtor was directed to pay the remaining Rs. 63,000 within 15 days, avoiding contempt proceedings. The Respondent Company was released from legal restrictions, enabling it to function independently. The appeal was allowed with specific directions, and no costs were imposed. Case-Laws IBC Mon, 10 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384687