Ms. Lopa Pankaj Dave, the Suspended Director of Raymon Patel Gelatine Pvt. Ltd., filed an appeal against Mrs. Sunandaben R. Patel & Anr. The appeal contested an order dated 30.03.2022 by the Adjudicating Authority (NCLT), Ahmedabad, which admitted an application under Section 7 of the Insolvency and Bankruptcy Code, 2016. During the proceedings, the parties reached a settlement, and the terms were incorporated in an application. The appellant's counsel stated that a demand draft of Rs. 1,50,00,000/- had already been handed over to the respondent, with another draft of Rs. 80,00,000/- to follow within seven days. The respondent's counsel noted that the post-dated cheques received were in the wrong name of Respondent No.1, which the appellant agreed to rectify. The

Ms. Lopa Pankaj Dave, the Suspended Director of Raymon Patel Gelatine Pvt. Ltd., filed an appeal against Mrs. Sunandaben R. Patel & Anr. The appeal contested an order dated 30.03.2022 by the Adjudicating Authority (NCLT), Ahmedabad, which admitted an application under Section 7 of the Insolvency and Bankruptcy Code, 2016. During the proceedings, the parties reached a settlement, and the terms were incorporated in an application. The appellant's counsel stated that a demand draft of Rs. 1,50,00,000/- had already been handed over to the respondent, with another draft of Rs. 80,00,000/- to follow within seven days. The respondent's counsel noted that the post-dated cheques received were in the wrong name of Respondent No.1, which the appellant agreed to rectify. The