The case involves an appeal before the National Company Law Appellate Tribunal (NCLAT) concerning an insolvency matter. The appellant and respondents have settled the matter prior to the constitution of the Committee of Creditors. The Adjudicating Authority had already allowed the respondent to withdraw the application filed under Section 7 of the Insolvency and Bankruptcy Code (I&B Code).
The appellant and respondents in the insolvency case have settled their dispute before the Committee of Creditors was formed. The Adjudicating Authority had already permitted the respondent to withdraw the application filed under Section 7 of the I&B Code. The appellant's counsel informed the court about the settlement. The order dated 11th February 2019 was presented. As a result of the settlement and the Adjudicating Authority's order, the appeal became infructuous.
Sign in to view the parties.
Order dated…
Learned counsel submits…
The case involves an appeal before the National Company Law Appellate Tribunal (NCLAT) concerning an insolvency matter. The appellant and respondents have settled the matter prior to the constitution of the Committee of Creditors. The Adjudicating Authority had already allowed the respondent to withdraw the application filed under Section 7 of the Insolvency and Bankruptcy Code (I&B Code).
The appellant and respondents in the insolvency case have settled their dispute before the Committee of Creditors was formed. The Adjudicating Authority had already permitted the respondent to withdraw the application filed under Section 7 of the I&B Code. The appellant's counsel informed the court about the settlement. The order dated 11th February 2019 was presented. As a result of the settlement and the Adjudicating Authority's order, the appeal became infructuous.
Order dated…
Learned counsel submits…