https://www.taxtmi.com/caselaws?id=431254 The Appellate Tribunal closed the appeal against the admission of an Application under Section 9 of the IBC based on a Settlement Agreement, as the settlement was contested to be not made by free consent. The Tribunal allowed the Appellant to deposit the claimed amount mentioned in the impugned order by Demand Draft. Subsequently, the Tribunal set aside the initial order and disposed of the appeal, refunding the deposited amount and relieving Respondent No.1 from a previous deposit directive, as compliance with the Settlement Agreement was affirmed. en-us Wed, 07 Dec 2022 00:00:00 +0530 Fri, 09 Dec 2022 09:59:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431254 The Appellate Tribunal closed the appeal against the admission of an Application under Section 9 of the IBC based on a Settlement Agreement, as the settlement was contested to be not made by free consent. The Tribunal allowed the Appellant to deposit the claimed amount mentioned in the impugned order by Demand Draft. Subsequently, the Tribunal set aside the initial order and disposed of the appeal, refunding the deposited amount and relieving Respondent No.1 from a previous deposit directive, as compliance with the Settlement Agreement was affirmed. Case-Laws Insolvency and Bankruptcy Wed, 07 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431254