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2020 (1) TMI 473

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....umar Jain, Judicial Member Abhijeet Sinha, Vikrant Pachnanda, Ms. Iram Hassan and Nitin Kumar, Advs. for the Appellant. Shyam D. Nandan and Nipun Katyal, Advs. for the Respondent. ORDER 1. Respondent- Mr. Ranjan Kumar Sovasaria ('Operational Creditor') filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 ("I&B Code" for short) for initiation of the 'Co....

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.... issued on the Respondents who have appeared. An affidavit enclosing the copy of the 'Terms of Settlement' dated 6th November, 2019 (Annexure II B) has been filed. 5. Mr. Shyam D. Nandan, learned counsel appearing on behalf of the 1st Respondent- Mr. Ranjan Kumar Sovasaria accepts that they have settled the matter. 6. From the 'Terms of Settlement' also, we find that there is a s....