An appeal was filed against the order dated 27.09.2022 admitting a Section 7 application.

An interim order was passed by the Tribunal on 11.10.2022.

The appellant questioned the Adjudicating Authority's consideration of the disbursement and the nature of the debt.

The court issued a notice to the respondents and required the appellant to provide their contact information.

A settlement was reached between the parties on 20.05.2023, with the appellant agreeing to pay Rs. 50,00,000/-.

The IRP's dues have already been quantified as Rs. 11,70,133/- of which Rs. 3 lakhs have already been deposited.

The appeal was disposed of, and the Impugned Order was set aside. CIRP is closed.

An appeal was filed against the order dated 27.09.2022 admitting a Section 7 application.

An interim order was passed by the Tribunal on 11.10.2022.

The appellant questioned the Adjudicating Authority's consideration of the disbursement and the nature of the debt.

The court issued a notice to the respondents and required the appellant to provide their contact information.

A settlement was reached between the parties on 20.05.2023, with the appellant agreeing to pay Rs. 50,00,000/-.

The IRP's dues have already been quantified as Rs. 11,70,133/- of which Rs. 3 lakhs have already been deposited.

The appeal was disposed of, and the Impugned Order was set aside. CIRP is closed.