https://www.taxtmi.com/caselaws?id=298165 The Tribunal dismissed the application for withdrawal under Section 12A of the Insolvency and Bankruptcy Code, citing that the settlement agreements did not cover the majority of claims by employees and Financial Creditors, leading to a multiplicity of proceedings. The Tribunal emphasized the need to consider the interests of all stakeholders and ordered the continuation of the Corporate Insolvency Resolution Process against the Corporate Debtor. en-us Fri, 06 Aug 2021 00:00:00 +0530 Sat, 16 Oct 2021 09:02:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298165 The Tribunal dismissed the application for withdrawal under Section 12A of the Insolvency and Bankruptcy Code, citing that the settlement agreements did not cover the majority of claims by employees and Financial Creditors, leading to a multiplicity of proceedings. The Tribunal emphasized the need to consider the interests of all stakeholders and ordered the continuation of the Corporate Insolvency Resolution Process against the Corporate Debtor. Case-Laws Insolvency and Bankruptcy Fri, 06 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298165