An appeal was filed against the order dated 09.05.2025 admitting Section 7 application.

A Settlement Agreement was entered into between the parties during the pendency of the Section 7 application.

Rs.75 lakhs was paid by the Corporate Debtor as part of the Settlement Agreement.

Rs.2.25 Crore has been paid as of the date of the order.

The Respondent claims that Rs.2.36 Crores are still due.

Consultancy charges have not been given set-off as mentioned in the MoU.

The IRP has invited claims, but the CoC has not been constituted.

An appeal was filed against the order dated 09.05.2025 admitting Section 7 application.

A Settlement Agreement was entered into between the parties during the pendency of the Section 7 application.

Rs.75 lakhs was paid by the Corporate Debtor as part of the Settlement Agreement.

Rs.2.25 Crore has been paid as of the date of the order.

The Respondent claims that Rs.2.36 Crores are still due.

Consultancy charges have not been given set-off as mentioned in the MoU.

The IRP has invited claims, but the CoC has not been constituted.