The appellant filed an appeal against the order dated 2023-08-10, which admitted an application filed by the respondent under Section 9. A settlement agreement dated 2023-09-04 was reached between the parties. The appellant's counsel submitted that a settlement agreement had been entered into. The Operational Creditor's counsel also confirmed the settlement and requested that the CIRP not proceed further. The IRP's counsel submitted that the IRP has received dues. The court took the settlement agreement on record, closed the CIRP, discharged the IRP, and disposed of the appeal.

The appellant filed an appeal against the order dated 2023-08-10, which admitted an application filed by the respondent under Section 9. A settlement agreement dated 2023-09-04 was reached between the parties. The appellant's counsel submitted that a settlement agreement had been entered into. The Operational Creditor's counsel also confirmed the settlement and requested that the CIRP not proceed further. The IRP's counsel submitted that the IRP has received dues. The court took the settlement agreement on record, closed the CIRP, discharged the IRP, and disposed of the appeal.