https://www.taxtmi.com/article/detailed?id=10624 Withdrawal of an admitted corporate insolvency application is governed by Section 12A and Regulation 30A, which require supermajority approval of the Committee of Creditors, filing through Form FA with a bank guarantee for estimated expenses, differentiated procedures before and after committee constitution, specified timelines for committee consideration and submission to the Adjudicating Authority, and deposit or invocation mechanisms to cover actual expenses upon approval. en-us Mon, 22 Aug 2022 12:57:58 +0530 Mon, 22 Aug 2022 12:57:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10624 Withdrawal of an admitted corporate insolvency application is governed by Section 12A and Regulation 30A, which require supermajority approval of the Committee of Creditors, filing through Form FA with a bank guarantee for estimated expenses, differentiated procedures before and after committee constitution, specified timelines for committee consideration and submission to the Adjudicating Authority, and deposit or invocation mechanisms to cover actual expenses upon approval. Articles Corporate Laws / IBC / SEBI Mon, 22 Aug 2022 12:57:58 +0530 https://www.taxtmi.com/article/detailed?id=10624