https://www.taxtmi.com/caselaws?id=438496 The appeal was dismissed by the Appellate Tribunal, upholding the initiation of Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal (NCLT). The Tribunal found no merit in the arguments presented by the Appellant, emphasizing the proper establishment of debt and default by the Respondent, and deeming the settlement agreement to have been executed without coercion. The Appellant's failure to file written submissions and the absence of irregularities in the Impugned Order led to the dismissal of the appeal. en-us Thu, 01 Jun 2023 00:00:00 +0530 Thu, 01 Jun 2023 21:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438496 The appeal was dismissed by the Appellate Tribunal, upholding the initiation of Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal (NCLT). The Tribunal found no merit in the arguments presented by the Appellant, emphasizing the proper establishment of debt and default by the Respondent, and deeming the settlement agreement to have been executed without coercion. The Appellant's failure to file written submissions and the absence of irregularities in the Impugned Order led to the dismissal of the appeal. Case-Laws Insolvency and Bankruptcy Thu, 01 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438496