https://www.taxtmi.com/caselaws?id=417107 A company petition disposed of under a settlement can be revived where the settlement is breached and the Tribunal had reserved liberty to restore the matter on default. Repeated non-compliance with the agreed payment terms, including failure to meet the last opportunity granted, established default under the settlement. On that basis, restoration of the main company petition was warranted, and the petition was revived for further hearing. en-us Mon, 03 Jan 2022 00:00:00 +0530 Sat, 15 Jan 2022 08:49:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417107 A company petition disposed of under a settlement can be revived where the settlement is breached and the Tribunal had reserved liberty to restore the matter on default. Repeated non-compliance with the agreed payment terms, including failure to meet the last opportunity granted, established default under the settlement. On that basis, restoration of the main company petition was warranted, and the petition was revived for further hearing. Case-Laws Companies Law Mon, 03 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417107