https://www.taxtmi.com/caselaws?id=300094 Withdrawal of a corporate insolvency resolution process application under Section 12A required Committee of Creditors consent once the Committee had been constituted. Although the matter had been settled after commencement of the insolvency process, the withdrawal request could not be entertained because the Committee of Creditors was already in place and one financial creditor had dissented. The request was therefore kept pending and could be reconsidered only after obtaining the statutory consent required for withdrawal. en-us Wed, 29 Sep 2021 00:00:00 +0530 Wed, 12 Jan 2022 08:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300094 Withdrawal of a corporate insolvency resolution process application under Section 12A required Committee of Creditors consent once the Committee had been constituted. Although the matter had been settled after commencement of the insolvency process, the withdrawal request could not be entertained because the Committee of Creditors was already in place and one financial creditor had dissented. The request was therefore kept pending and could be reconsidered only after obtaining the statutory consent required for withdrawal. Case-Laws Insolvency and Bankruptcy Wed, 29 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300094