https://www.taxtmi.com/caselaws?id=301015 The Court issued an ad-interim order staying the impugned judgment and restraining the respondents from taking steps under the Memorandum of Settlement until further proceedings on the matter. The judgment emphasized the importance of adhering to procedural rules and the statutory framework governing insolvency proceedings, particularly regarding the permissibility of withdrawals under Section 12A of the Insolvency and Bankruptcy Code 2016, the validity of private settlements, and the application of relevant regulations and rules. en-us Tue, 23 Feb 2021 00:00:00 +0530 Tue, 08 Mar 2022 08:58:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301015 The Court issued an ad-interim order staying the impugned judgment and restraining the respondents from taking steps under the Memorandum of Settlement until further proceedings on the matter. The judgment emphasized the importance of adhering to procedural rules and the statutory framework governing insolvency proceedings, particularly regarding the permissibility of withdrawals under Section 12A of the Insolvency and Bankruptcy Code 2016, the validity of private settlements, and the application of relevant regulations and rules. Case-Laws Insolvency and Bankruptcy Tue, 23 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301015