The key facts are as follows: An application was filed seeking to record a Joint Settlement Agreement dated 2022-03-11 between the 1st and 2nd Respondents. The application also sought the withdrawal of the application admitted under Section 9 of the I&B Code 2016, which was admitted by the Hon'ble Tribunal on 2022-03-07. The CIRP proceedings were initiated under Section 9 of IBC, 2016, in IBA/200/2020 on 2022-03-07. The relevance of these facts lies in the settlement agreement providing a basis for the withdrawal of the CIRP proceedings.

The key facts are as follows: An application was filed seeking to record a Joint Settlement Agreement dated 2022-03-11 between the 1st and 2nd Respondents. The application also sought the withdrawal of the application admitted under Section 9 of the I&B Code 2016, which was admitted by the Hon'ble Tribunal on 2022-03-07. The CIRP proceedings were initiated under Section 9 of IBC, 2016, in IBA/200/2020 on 2022-03-07. The relevance of these facts lies in the settlement agreement providing a basis for the withdrawal of the CIRP proceedings.