https://www.taxtmi.com/caselaws?id=307924 The National Company Law Appellate Tribunal upheld the Adjudicating Authority's decision to reject the Application to recall Orders under Section 7 of the Insolvency and Bankruptcy Code. The Tribunal found that the settlement terms were not properly recorded, preventing revival in case of default. The Appeal was dismissed, emphasizing that IBC is not for repeated court approaches for non-payment issues. en-us Thu, 08 Apr 2021 00:00:00 +0530 Mon, 16 Feb 2026 10:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307924 The National Company Law Appellate Tribunal upheld the Adjudicating Authority's decision to reject the Application to recall Orders under Section 7 of the Insolvency and Bankruptcy Code. The Tribunal found that the settlement terms were not properly recorded, preventing revival in case of default. The Appeal was dismissed, emphasizing that IBC is not for repeated court approaches for non-payment issues. Case-Laws IBC Thu, 08 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307924