https://www.taxtmi.com/caselaws?id=420900 The Tribunal allowed the revival of IB No. 08/ND/2019 under Section 12A of the Insolvency and Bankruptcy Code, terminating the CIR proceedings against the Corporate Debtor due to a settlement in a related matter. Despite the settlement, the applicant was permitted to file a claim before the IRP initially. The Tribunal emphasized returning the matter to its original position and granted the petitioner the opportunity to file a rejoinder within seven days. The case is scheduled for the filing of rejoinder and arguments on 21.04.2022. en-us Tue, 29 Mar 2022 00:00:00 +0530 Wed, 13 Apr 2022 08:38:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420900 The Tribunal allowed the revival of IB No. 08/ND/2019 under Section 12A of the Insolvency and Bankruptcy Code, terminating the CIR proceedings against the Corporate Debtor due to a settlement in a related matter. Despite the settlement, the applicant was permitted to file a claim before the IRP initially. The Tribunal emphasized returning the matter to its original position and granted the petitioner the opportunity to file a rejoinder within seven days. The case is scheduled for the filing of rejoinder and arguments on 21.04.2022. Case-Laws Insolvency and Bankruptcy Tue, 29 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420900