# In the matter of Noor Alam vs. Sunder Engineering Works & Anr.

> NCLAT judgment dated 2023-09-15. Citation: TCN-2023-NCLAT-00197. The case involves an appeal filed by the appellant challenging an order dated 2023-08-10,…

- **Court:** NCLAT
- **Order date:** 15 Sept 2023
- **Citation:** TCN-2023-NCLAT-00197
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/noor-alam-vs-sunder-engineering-works-anr-599dd032

## Summary

### Background

The case involves an appeal filed by the appellant challenging an order dated 2023-08-10, which admitted an application filed under Section 9 by the respondent. A settlement agreement dated 2023-09-04 was entered between the parties.

## Facts

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.

## Issues and analysis

### Issue 1: Whether the appeal should be disposed of in light of …

**Ratio:** When parties reach a settlement, the court can dispose of the appeal based on that

…

**Reasoning:** The court considered the submissions of the appellant's counsel and the Operational

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**Interpretation:** The legal principle is that a settlement between parties can form the basis for

…

**Application:** In this case, the settlement agreement dated 2023-09-04 between the parties

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## Parties

- **Judges:** Ashok Bh…; Barun M…
- **Appellants:** Noor…
- **Respondents:** Sunder Engineering…

## Timeline

- **2023-08-10 — Order Da…**: Order passed admitting an application…
- **2023-09-04 — Settlement Ag…**: Settlement agreement…

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