https://www.taxtmi.com/caselaws?id=403341 A section 9 insolvency petition may be withdrawn before admission when the parties jointly place a settlement on record and seek withdrawal. Where the dispute has been amicably resolved and no adjudication on admission has yet been made, there is no procedural impediment to permitting the operational creditor to withdraw the application. The insolvency proceedings are then disposed of as withdrawn. en-us Wed, 26 Aug 2020 00:00:00 +0530 Wed, 27 Jan 2021 10:12:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403341 A section 9 insolvency petition may be withdrawn before admission when the parties jointly place a settlement on record and seek withdrawal. Where the dispute has been amicably resolved and no adjudication on admission has yet been made, there is no procedural impediment to permitting the operational creditor to withdraw the application. The insolvency proceedings are then disposed of as withdrawn. Case-Laws Insolvency and Bankruptcy Wed, 26 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403341