https://www.taxtmi.com/caselaws?id=471212 Complete settlement of operational debt before pronouncement of a Section 9 admission order, coupled with a pending withdrawal application by the operational creditor, prevents the insolvency proceedings from validly resulting in admission to CIRP. The withdrawal request should be processed where payment and settlement occurred before admission. CIRP initiated despite the pre-admission settlement and pending withdrawal application is unsustainable and should be withdrawn. en-us Tue, 30 Jun 2026 00:00:00 +0530 Tue, 25 Aug 2026 18:57:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471212 Complete settlement of operational debt before pronouncement of a Section 9 admission order, coupled with a pending withdrawal application by the operational creditor, prevents the insolvency proceedings from validly resulting in admission to CIRP. The withdrawal request should be processed where payment and settlement occurred before admission. CIRP initiated despite the pre-admission settlement and pending withdrawal application is unsustainable and should be withdrawn. Case-Laws IBC Tue, 30 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471212