https://www.taxtmi.com/caselaws?id=752818 The NCLT ordered the closure of the Corporate Insolvency Resolution Process against the respondent company following a joint settlement between the appellant and the operational creditor. The appellant provided renewed demand drafts totaling Rs.5 crores and committed to paying Rs.5,00,000 to the Resolution Professional. The appeal was disposed of without costs, and all pending applications were resolved. en-us Fri, 10 May 2024 00:00:00 +0530 Fri, 17 May 2024 15:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752818 The NCLT ordered the closure of the Corporate Insolvency Resolution Process against the respondent company following a joint settlement between the appellant and the operational creditor. The appellant provided renewed demand drafts totaling Rs.5 crores and committed to paying Rs.5,00,000 to the Resolution Professional. The appeal was disposed of without costs, and all pending applications were resolved. Case-Laws Insolvency and Bankruptcy Fri, 10 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752818