Home Case Index All Cases Insolvency and Bankruptcy Insolvency and Bankruptcy + AT Insolvency and Bankruptcy - 2019 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (1) TMI 1678 - AT - Insolvency and BankruptcyAdmissibility of application - Initiation of CIRP - Corporate debtor failed to male repayment - ‘default’ in payment of ‘debt’ or not - HELD THAT:- In the present case, parties have settled the matter before constitution of the ‘Committee of Creditors, and argued that the respondent do not want to proceed with the matter and wants to withdraw the application and in view of the fact that the Adjudicating Authority failed to consider the question of ‘default’ as was raised by the ‘Corporate Debtor’, the impugned order dated 10th January, 2019 is set aside and application under Section 7 dismissed as withdrawn - appeal allowed.
|