2020 (3) TMI 1332

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....cial), [Shreesha Merla] Member (Technical) and [Alok Srivastava] Member (Technical) For Appellant: Mr. Arun Kathpalia, Sr. Advocate with Mr. Saurabh Kalia, Mr. Satyan Israni, Mr. Parika Thakral, Advocates Mr. Aadesh Kumar Gupta, Advocate for IRP For Respondents: Mr. Abhijeet Sinha, Mr. Kaushik Moita, Mr. Aditya Shukla, Mr. Archit Singh, Ms. Manisha Singh, Advocates ORDER Mr. Arun Kathp....

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....ondent No.1 submits that the consent terms may be taken on record in these appeal proceedings and proceedings before the Adjudicating Authority may be closed. In the circumstances of the case, we deem it appropriate to invoke our inherent powers in terms of Rule 11 of the National Company Law Appellant Tribunal Rules and dispose of the Appeal as per the consent terms. Corporate Debtor is released ....