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Home Highlights May 2023 Year 2023 This

Seeking closure (withdrawal) of CIRP proceedings - Settlement of ...

Insolvency and Bankruptcy

May 17, 2023

Seeking closure (withdrawal) of CIRP proceedings - Settlement of dispute between the parties - The present is a case where Committee of Creditors has not yet been constituted and the Appellant after filing settlement agreement by the Financial Creditor dated 08th May, 2023, prays for withdrawal of the CIRP in exercise of inherent power of this Tribunal under Rule 11 of NCLAT Rules, 2016. - CIRP closed - AT

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