https://www.taxtmi.com/caselaws?id=796368 Closure of the corporate insolvency resolution process was supported because no claims were received after the public announcement and the parties had entered into discharge arrangements. The note states that insolvency proceedings may be terminated where no claimant or other impediment to closure subsists. It further records that the bank lien was to be released and funds disbursed in accordance with the discharge agreements. The process was closed and the impugned order set aside. en-us Fri, 10 Jul 2026 00:00:00 +0530 Wed, 05 Aug 2026 09:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796368 Closure of the corporate insolvency resolution process was supported because no claims were received after the public announcement and the parties had entered into discharge arrangements. The note states that insolvency proceedings may be terminated where no claimant or other impediment to closure subsists. It further records that the bank lien was to be released and funds disbursed in accordance with the discharge agreements. The process was closed and the impugned order set aside. Case-Laws IBC Fri, 10 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796368