The appeal was filed against the order dated November 16, 2022, by which the Adjudicating Authority admitted Section 7 application under IBC, 2016 filed by the Respondents-Financial Creditors. An I.A. No. 4611 of 2022 was filed by the Appellant bringing on record the Settlement Agreement dated November 25, 2022, between the Appellant and Financial Creditors.
Saurabh Kumar Pandey filed an appeal against an order dated November 16, 2022, by which the Adjudicating Authority admitted a Section 7 application under the Insolvency and Bankruptcy Code (IBC), 2016. The application was filed by the Respondents-Financial Creditors. During the proceedings, the Appellant filed I.A. No. 4611 of 2022, bringing on record a Settlement Agreement dated November 25, 2022, between the Appellant and the Financial Creditors. The Financial Creditors' counsel indicated they had reached a settlement and requested the appeal be disposed of accordingly. The IRP's counsel requested that the IRP's expenses and fees be paid. The court then allowed I.A. No. 4611 of 2022, took the settlement on record, and set aside the order dated November 16, 2022. The
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The Adjudicating Authority admitted Section 7…
Settlement Agreement dated 25th November,…
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The appeal was filed against the order dated November 16, 2022, by which the Adjudicating Authority admitted Section 7 application under IBC, 2016 filed by the Respondents-Financial Creditors. An I.A. No. 4611 of 2022 was filed by the Appellant bringing on record the Settlement Agreement dated November 25, 2022, between the Appellant and Financial Creditors.
Saurabh Kumar Pandey filed an appeal against an order dated November 16, 2022, by which the Adjudicating Authority admitted a Section 7 application under the Insolvency and Bankruptcy Code (IBC), 2016. The application was filed by the Respondents-Financial Creditors. During the proceedings, the Appellant filed I.A. No. 4611 of 2022, bringing on record a Settlement Agreement dated November 25, 2022, between the Appellant and the Financial Creditors. The Financial Creditors' counsel indicated they had reached a settlement and requested the appeal be disposed of accordingly. The IRP's counsel requested that the IRP's expenses and fees be paid. The court then allowed I.A. No. 4611 of 2022, took the settlement on record, and set aside the order dated November 16, 2022. The
…The Adjudicating Authority admitted Section 7…
Settlement Agreement dated 25th November,…
Sign in to view related legal provisions.