The Corporate Insolvency Resolution Process (CIRP) was initiated by an order dated 2022-11-14. A settlement has been reached between the involved parties on 2022-11-15. The Appellant is seeking permission to file a joint application with the Operational Creditor. The Operational Creditor's counsel has confirmed receiving the settlement amount. Another appeal, Company Appeal (AT) (Ins.) No. 1392 of 2022, has been filed by a counsel representing the homebuyers against the order dated 2022-11-14. The court has listed the appeal along with Company Appeal (AT) (Ins.) No. 1392 of 2022 on 2022-11-23. The order dated 2022-11-14 is stayed.

The Corporate Insolvency Resolution Process (CIRP) was initiated by an order dated 2022-11-14. A settlement has been reached between the involved parties on 2022-11-15. The Appellant is seeking permission to file a joint application with the Operational Creditor. The Operational Creditor's counsel has confirmed receiving the settlement amount. Another appeal, Company Appeal (AT) (Ins.) No. 1392 of 2022, has been filed by a counsel representing the homebuyers against the order dated 2022-11-14. The court has listed the appeal along with Company Appeal (AT) (Ins.) No. 1392 of 2022 on 2022-11-23. The order dated 2022-11-14 is stayed.