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2019 (4) TMI 1883 - AT - Insolvency and BankruptcyPermission to withdraw appeal - Implementation of Resolution Plan as approved by the Committee of Creditors - no pre-condition for deposit of upfront amount mentioned in the Resolution Plan - HELD THAT:- From the submission made on behalf of the Appellant, it is clear that the Appellant is not in a mood to implement the resolution plan which was approved by the Committee of Creditors and the Adjudicating Authority and because of their failure the resolution process is now again to reopen. Appellant sought permission to withdraw the appeal but instead of allowing the Appellant to withdraw the appeal we are dismissing the appeal having no merit with liberty to the Adjudicating Authority to pass appropriate order and if so required to look into the other plans and approve the same - appeal dismissed with costs.
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