https://www.taxtmi.com/caselaws?id=392098 The Bench allowed the Miscellaneous Application under section 12A of the IBC, granting relief to withdraw the Company Petition and recalling the CIRP against the Corporate Debtor. The IRP was discharged, and records were handed over. A cost of Rs. 2,00,000 was imposed on the Corporate Debtor for judicial time and conduct, payable to the Prime Minister's National Relief Fund within ten days. The judgment emphasized settling disputes amicably and timely legal proceedings. en-us Tue, 03 Dec 2019 00:00:00 +0530 Thu, 13 Feb 2020 08:14:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392098 The Bench allowed the Miscellaneous Application under section 12A of the IBC, granting relief to withdraw the Company Petition and recalling the CIRP against the Corporate Debtor. The IRP was discharged, and records were handed over. A cost of Rs. 2,00,000 was imposed on the Corporate Debtor for judicial time and conduct, payable to the Prime Minister's National Relief Fund within ten days. The judgment emphasized settling disputes amicably and timely legal proceedings. Case-Laws Insolvency and Bankruptcy Tue, 03 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392098