2021 (2) TMI 1344

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....EMBER (TECHNICAL) AND DR. ALOK SRIVASTAVA, MEMBER (TECHNICAL) For the Appellant : Mr. Sanchit Garga, Advocate. For the Respondent : None ORDER Appellants- Financial Creditors whose application for revival of Corporate Insolvency Resolution Process (CIRP) was rejected by the Adjudicating Authority (National Company Law Tribunal), New Delhi Court-III in terms of the impugned order dated 7th Dece....

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....as arrived at between the parties, in pursuance whereof the Appellants received some post dated cheques. It appears that it was at the instance of the parties that CIRP was sought to be terminated. The Adjudicating Authority banking upon the judgment of the Hon'ble Apex Court in "Swiss Ribbons Pvt. Ltd. & Anr. V. Union of India & Ors.- 2019 SCC OnLine SC 73" allowed the Appellants- Financial Credi....