Amrapali LA-Residentia Flat Buyers Welfare Association (ALRFBWA) filed an appeal against LA Residentia Developers Pvt. Ltd., which is undergoing Corporate Insolvency Resolution Process (CIRP). The appellant sought permission to file the appeal. The court noted that the parties had settled, yet the Interim Resolution Professional (IRP) did not file an application for withdrawal of the Section 9 application under Section 12A. Form-F was submitted, communicating the settlement. The court granted leave to file the appeal and directed the IRP to file an affidavit explaining why the withdrawal application was not filed despite the settlement.

Amrapali LA-Residentia Flat Buyers Welfare Association (ALRFBWA) filed an appeal against LA Residentia Developers Pvt. Ltd., which is undergoing Corporate Insolvency Resolution Process (CIRP). The appellant sought permission to file the appeal. The court noted that the parties had settled, yet the Interim Resolution Professional (IRP) did not file an application for withdrawal of the Section 9 application under Section 12A. Form-F was submitted, communicating the settlement. The court granted leave to file the appeal and directed the IRP to file an affidavit explaining why the withdrawal application was not filed despite the settlement.