An appeal was filed against the order dated 13.06.2025 passed by the National Company Law Tribunal, Mumbai Bench-VI.

The application was filed under Section 7 of the Code by Financial Creditors/Homebuyers.

A settlement between the appellant and the respondents (Homebuyers) was discussed.

Respondents No. 1 to 12 (Homebuyers) consented to the terms of settlement through E-mail.

Counsel for the Homebuyer accepted the settlement and submitted that Form FA is signed for filing the application under Regulation 30A.

The present appeal has become infructuous as the parties would now pursue the application filed under Regulation 30A.

The IRP was directed not to take any further steps in terms of the CIRP which otherwise affect the rights of the parties to the settlement.

An appeal was filed against the order dated 13.06.2025 passed by the National Company Law Tribunal, Mumbai Bench-VI.

The application was filed under Section 7 of the Code by Financial Creditors/Homebuyers.

A settlement between the appellant and the respondents (Homebuyers) was discussed.

Respondents No. 1 to 12 (Homebuyers) consented to the terms of settlement through E-mail.

Counsel for the Homebuyer accepted the settlement and submitted that Form FA is signed for filing the application under Regulation 30A.

The present appeal has become infructuous as the parties would now pursue the application filed under Regulation 30A.

The IRP was directed not to take any further steps in terms of the CIRP which otherwise affect the rights of the parties to the settlement.