https://www.taxtmi.com/caselaws?id=788940 An 8-day delay in filing the appeal was condoned because the explanation for late filing, including knowledge of the order and time taken to obtain the certified copy, was accepted in the circumstances. Withdrawal of a Section 7 corporate insolvency process was held permissible at the pre-CoC stage on the IRP's application, after hearing concerned parties and considering relevant factors, where the Committee of Creditors had not yet been constituted. A claimant whose claim was only filed and not admitted had no vested right to block the withdrawal, and the settlement supported approval of the request under Section 12A read with Regulation 30A and Rule 11. en-us Fri, 13 Feb 2026 00:00:00 +0530 Wed, 01 Apr 2026 07:51:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788940 An 8-day delay in filing the appeal was condoned because the explanation for late filing, including knowledge of the order and time taken to obtain the certified copy, was accepted in the circumstances. Withdrawal of a Section 7 corporate insolvency process was held permissible at the pre-CoC stage on the IRP's application, after hearing concerned parties and considering relevant factors, where the Committee of Creditors had not yet been constituted. A claimant whose claim was only filed and not admitted had no vested right to block the withdrawal, and the settlement supported approval of the request under Section 12A read with Regulation 30A and Rule 11. Case-Laws IBC Fri, 13 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788940