https://www.taxtmi.com/caselaws?id=291524 The judgment allowed the withdrawal of the IB Petition and the recall of the Corporate Insolvency Resolution Process based on a pre-CoC settlement between the Operational Creditor and the Corporate Debtor. The decision was supported by legal precedents and required the parties to bear IRP and CIRP costs for approval. Failure to pay within the specified period would lead to further actions by the IRP. en-us Wed, 16 Oct 2019 00:00:00 +0530 Fri, 13 Nov 2020 21:17:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291524 The judgment allowed the withdrawal of the IB Petition and the recall of the Corporate Insolvency Resolution Process based on a pre-CoC settlement between the Operational Creditor and the Corporate Debtor. The decision was supported by legal precedents and required the parties to bear IRP and CIRP costs for approval. Failure to pay within the specified period would lead to further actions by the IRP. Case-Laws Insolvency and Bankruptcy Wed, 16 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291524