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    <title>2025 (6) TMI 1274 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI (LB)</title>
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    <description>The appeal was disposed of after the parties recorded a settlement. The financial creditor was granted liberty to move the Adjudicating Authority for withdrawal of the corporate insolvency resolution process under Section 12A of the Insolvency and Bankruptcy Code, 2016. The operative effect was that the insolvency proceedings could be taken forward for withdrawal in accordance with the settlement, subject to the Adjudicating Authority&#039;s consideration of the withdrawal application.</description>
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