TMI BlogWithdrawal of applicationX X X X Extracts X X X X X X X X Extracts X X X X ..... before the constitution of the committee, by the applicant through the interim resolution professional; (b) after the constitution of the committee, by the applicant through the interim resolution professional or the resolution professional, as the case may be: Provided that where the application is made under clause (b) after the issue of invitation for expression of interest under regulati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Authority on behalf of the applicant, within three days of its receipt. (4) Where an application for withdrawal is under clause (b) of sub-regulation (1), the committee shall consider the application, within seven days of its receipt. (5) Where the application referred to in sub-regulation (4) is approved by the committee with ninety percent voting share, the resolution professional shall s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2) shall be invoked, without prejudice to any other action permissible against the applicant under the Code. ] ******** Notes 1. Inserted vide Notification No. IBBI/2018-19/GN/REG031 dated 03-07-2018 2. Substituted vide NOTIFICATION No. IBBI/2019-20/GN/REG048 dated 25-07-2019 before it was read as 1 [30A. Withdrawal of application. (1) An application fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (1) to the Adjudicating Authority on behalf of the applicant, within three days of such approval. (5) The Adjudicating Authority may, by order, approve the application submitted under sub-regulation (4). ] 3. Substituted vide Notification No. IBBI/2022-23/GN/REG091 dated 13-09-2022 before it was read as, Schedule - - statute, statutory provisions legislation, law, enactment, Acts ..... X X X X Extracts X X X X X X X X Extracts X X X X
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