https://www.taxtmi.com/caselaws?id=386074 The Appellate Tribunal accepted the terms of settlement reached between the parties before the constitution of the Committee of Creditors, setting aside the initial order under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor agreed to pay the claimed costs and fees of the Resolution Professional, leading to the withdrawal of the application under Section 9. The Adjudicating Authority's orders were set aside, allowing the Respondent Company to exit the Resolution Process and operate independently through its Board of Directors. The appeal was allowed without costs to any party. en-us Thu, 04 Jul 2019 00:00:00 +0530 Sat, 21 Sep 2019 08:31:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386074 The Appellate Tribunal accepted the terms of settlement reached between the parties before the constitution of the Committee of Creditors, setting aside the initial order under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor agreed to pay the claimed costs and fees of the Resolution Professional, leading to the withdrawal of the application under Section 9. The Adjudicating Authority's orders were set aside, allowing the Respondent Company to exit the Resolution Process and operate independently through its Board of Directors. The appeal was allowed without costs to any party. Case-Laws Insolvency and Bankruptcy Thu, 04 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386074