https://www.taxtmi.com/caselaws?id=393016 The Tribunal granted permission for the withdrawal of the Corporate Insolvency Resolution Process (CIRP) filed against the corporate debtor under Section 12A of the Insolvency and Bankruptcy Code. The settlement between the parties led to the withdrawal of the Company Petition, lifting the moratorium order, and allowing the corporate debtor to resume independent operations through its Board of Directors immediately. The Tribunal's decision acknowledged the settlement and authorized the withdrawal of the CIRP, ensuring the corporate debtor's autonomy. en-us Fri, 29 Nov 2019 00:00:00 +0530 Wed, 04 Mar 2020 12:35:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393016 The Tribunal granted permission for the withdrawal of the Corporate Insolvency Resolution Process (CIRP) filed against the corporate debtor under Section 12A of the Insolvency and Bankruptcy Code. The settlement between the parties led to the withdrawal of the Company Petition, lifting the moratorium order, and allowing the corporate debtor to resume independent operations through its Board of Directors immediately. The Tribunal's decision acknowledged the settlement and authorized the withdrawal of the CIRP, ensuring the corporate debtor's autonomy. Case-Laws Insolvency and Bankruptcy Fri, 29 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393016