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2021 (1) TMI 1303 - AT - Insolvency and BankruptcyDenial of revival of petition by invoking Rule 11 of the NCLT Rules, 2016 - non-compliance with the settlement terms - HELD THAT:- It appears that the Terms of Settlement providing a repayment schedule was incorporated in the order thereby making it an order/ decree of the Court and once this was the position, giving liberty to the Financial Creditor to come back can be interpreted on no hypothesis other than that the revival of CIRP would be sought for non-compliance with the Terms of Settlement. Therefore, even on merit, there are no substance in the instant appeal. Appeal dismissed.
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