https://www.taxtmi.com/acts?id=53982 Provides for the withdrawal of an application admitted under sections 7, 9 or 10, subject to approval by ninety per cent of the committee of creditors and an application made by the resolution professional. Withdrawal is not permitted before constitution of the committee of creditors or after the first invitation for submission of a resolution plan. The Adjudicating Authority must pass an order within thirty days, and record reasons for any delay in writing. en-us Tue, 07 Apr 2026 12:45:46 +0530 Tue, 07 Apr 2026 12:45:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53982 Provides for the withdrawal of an application admitted under sections 7, 9 or 10, subject to approval by ninety per cent of the committee of creditors and an application made by the resolution professional. Withdrawal is not permitted before constitution of the committee of creditors or after the first invitation for submission of a resolution plan. The Adjudicating Authority must pass an order within thirty days, and record reasons for any delay in writing. Act-Rules F. Acts / Amendment Acts Tue, 07 Apr 2026 12:45:46 +0530 https://www.taxtmi.com/acts?id=53982