https://www.taxtmi.com/caselaws?id=294901 The Tribunal disposed of the appeal in accordance with consent terms, resulting in the release of the Corporate Debtor from the Corporate Insolvency Resolution Process. The Respondent withdrew the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, as per the settlement agreement. The Tribunal invoked inherent powers under Rule 11 of the National Company Law Appellate Tribunal Rules to close the case, with all Resolution Professional fees and costs settled. No further directions were required by the Tribunal or Adjudicating Authority. en-us Thu, 05 Mar 2020 00:00:00 +0530 Tue, 16 Nov 2021 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294901 The Tribunal disposed of the appeal in accordance with consent terms, resulting in the release of the Corporate Debtor from the Corporate Insolvency Resolution Process. The Respondent withdrew the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, as per the settlement agreement. The Tribunal invoked inherent powers under Rule 11 of the National Company Law Appellate Tribunal Rules to close the case, with all Resolution Professional fees and costs settled. No further directions were required by the Tribunal or Adjudicating Authority. Case-Laws Insolvency and Bankruptcy Thu, 05 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294901