Mr. A. Shankar, representing the Corporate Debtor, filed an appeal against an order passed by the Adjudicating Authority (National Company Law Tribunal, Division Bench – I, Chennai) in IBA/630/2020. The Bank of India & Anr. is the respondent/financial creditor. The appellant and the 1st respondent/financial creditor jointly filed a 'Joint Memo' before the NCLAT, stating that the disputes between them have been resolved. The 'Joint Memo' was dated 10.10.2023. The impugned order, which was passed by the Adjudicating Authority on 21.03.2022, is now set aside by the NCLAT. The Corporate Insolvency Resolution Process is terminated as a result of the resolution.

Mr. A. Shankar, representing the Corporate Debtor, filed an appeal against an order passed by the Adjudicating Authority (National Company Law Tribunal, Division Bench – I, Chennai) in IBA/630/2020. The Bank of India & Anr. is the respondent/financial creditor. The appellant and the 1st respondent/financial creditor jointly filed a 'Joint Memo' before the NCLAT, stating that the disputes between them have been resolved. The 'Joint Memo' was dated 10.10.2023. The impugned order, which was passed by the Adjudicating Authority on 21.03.2022, is now set aside by the NCLAT. The Corporate Insolvency Resolution Process is terminated as a result of the resolution.