CA 308/2019 was filed for termination of the CIR process because the parties compromised the claim. The COC has not been constituted, and no claim has been received as submitted by the IRP. The Hon'ble Apex Court's decision in Swiss Ribbons versus Union of India was considered. The parties are entitled to the prayer for termination. The CIR process is terminated, and the Corporate Debtor is released from the moratorium. The IRP's expenses are to be reimbursed by the Corporate Debtor. The key fact is the compromise between the parties, leading to the termination of the CIR process.

CA 308/2019 was filed for termination of the CIR process because the parties compromised the claim. The COC has not been constituted, and no claim has been received as submitted by the IRP. The Hon'ble Apex Court's decision in Swiss Ribbons versus Union of India was considered. The parties are entitled to the prayer for termination. The CIR process is terminated, and the Corporate Debtor is released from the moratorium. The IRP's expenses are to be reimbursed by the Corporate Debtor. The key fact is the compromise between the parties, leading to the termination of the CIR process.