https://www.taxtmi.com/caselaws?id=787282 Whether to permit a 90 day extension to implement a bona fide Settlement Agreement was assessed under the Code's rehabilitative objectives, the withdrawal-of-CIRP framework, and the adjudicatory discretion to grant limited interim relief. The Tribunal applied principles favouring preservation and revival of the corporate debtor and encouragement of achievable settlements, noting substantial prior payments, RP assistance in securing title documents, and ongoing investor diligence; it concluded sufficient cause existed and granted the requested 90 day period to complete payment, failing which the withdrawal would not become operative. en-us Wed, 25 Feb 2026 00:00:00 +0530 Mon, 02 Mar 2026 08:34:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787282 Whether to permit a 90 day extension to implement a bona fide Settlement Agreement was assessed under the Code's rehabilitative objectives, the withdrawal-of-CIRP framework, and the adjudicatory discretion to grant limited interim relief. The Tribunal applied principles favouring preservation and revival of the corporate debtor and encouragement of achievable settlements, noting substantial prior payments, RP assistance in securing title documents, and ongoing investor diligence; it concluded sufficient cause existed and granted the requested 90 day period to complete payment, failing which the withdrawal would not become operative. Case-Laws IBC Wed, 25 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787282