TMI BlogReinstating CIRP - Failure of corporate debtor to replay as per the settlement agreement - essence of...Reinstating CIRP - Failure of corporate debtor to replay as per the settlement agreement - essence of time in the Settlement Agreement - Appellant has not been able to make out a clear-cut case in his favor. The Settlement Agreement, as has been operated by both the parties, does not show that time was of essence in it. Moreover, the Corporate Debtor has paid the full and final settlement amount by January 2021 to the Operational Creditor. Therefore the term of the Settlement Agreement that prov..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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