Home Case Index All Cases Insolvency and Bankruptcy Insolvency and Bankruptcy + AT Insolvency and Bankruptcy - 2019 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (5) TMI 1250 - AT - Insolvency and BankruptcyAdmission of application under Section 9 of Insolvency and Bankruptcy Code, 2016 - settlement reached prior to the constitution of the ‘Committee of Creditors’ - HELD THAT:- The parties have reached settlement prior to the constitution of the ‘Committee of Creditors’. Following the decision of the Hon’ble Supreme in SWISS RIBBONS PVT. LTD. AND ANR. VERSUS UNION OF INDIA AND ORS. [2019 (1) TMI 1508 - SUPREME COURT] , we allow the ‘Operational Creditor’ to withdraw the application. The impugned dated 7th January, 2019 is set aside. The application under Section 9 of IB & C filed by 1st Respondent – ‘Operation Creditor’ is disposed of as withdrawn.
|