https://www.taxtmi.com/caselaws?id=291635 The Tribunal allowed the application for withdrawal under section 9 of the IB Code, recalling the CIRP and disposing of the main IB Petition as withdrawn. The decision was influenced by the principles highlighted in the Swiss Ribbons case, emphasizing the importance of the collective resolution process and the need for consultation before individual settlements in insolvency proceedings. en-us Fri, 28 Jun 2019 00:00:00 +0530 Fri, 20 Nov 2020 12:07:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291635 The Tribunal allowed the application for withdrawal under section 9 of the IB Code, recalling the CIRP and disposing of the main IB Petition as withdrawn. The decision was influenced by the principles highlighted in the Swiss Ribbons case, emphasizing the importance of the collective resolution process and the need for consultation before individual settlements in insolvency proceedings. Case-Laws Insolvency and Bankruptcy Fri, 28 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291635