2017 (7) TMI 1452

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....on And [ Balvinder Singh Member ( Technical ) For the Appellant : Shri Surabh Kalia, Ms. Samridhi Gogia, Advocates For the Respondent : Shri Akshay Sapra and Shri Jaideep Singh, Advocates ORDER The appellant has challenged the order dated 27th June, 2017 passed by Adjudicating Authority (National Company Law Tribunal), New Delhi in C.P. No.(IB)-60(PB)/20 17, whereby the application preferred ....

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....en to the Operational Creditor to withdraw the application under Section 9 before its admission but once it was admitted, it cannot be withdrawn even by the Operational Creditor, as other creditors are entitled to raise claim pursuant to public announcement under Section 15 read with Section 18 of the I&B Code, 2016. For the reason afore and in absence of any merit, the appeal cannot be allowed. ....