https://www.taxtmi.com/caselaws?id=291301 An admitted corporate insolvency petition may be withdrawn where the parties settle before constitution of the Committee of Creditors and the settlement is placed before the Adjudicating Authority through the Interim Resolution Professional with Form FA and proof of full and final payment. On those facts, the requirements under Section 12A of the Insolvency and Bankruptcy Code, 2016 and Regulation 30A(1)(a) of the CIRP Regulations were treated as satisfied, allowing withdrawal of the insolvency process. The corporate insolvency resolution process and the moratorium were withdrawn. en-us Mon, 02 Dec 2019 00:00:00 +0530 Thu, 05 Nov 2020 12:20:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291301 An admitted corporate insolvency petition may be withdrawn where the parties settle before constitution of the Committee of Creditors and the settlement is placed before the Adjudicating Authority through the Interim Resolution Professional with Form FA and proof of full and final payment. On those facts, the requirements under Section 12A of the Insolvency and Bankruptcy Code, 2016 and Regulation 30A(1)(a) of the CIRP Regulations were treated as satisfied, allowing withdrawal of the insolvency process. The corporate insolvency resolution process and the moratorium were withdrawn. Case-Laws Insolvency and Bankruptcy Mon, 02 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291301