Krishna Enterprises (Housing and Infrastructures) India Private Limited filed an appeal against Knight Frank (India) Private Limited. The National Company Law Tribunal (NCLT) admitted an insolvency petition. Subsequently, the parties entered into a settlement agreement dated 2018-08-23. The Supreme Court took the settlement agreement on record and exercised its powers under Article 142 of the Constitution to set aside the NCLT's order dated 2018-08-07 in C.P. (IB) No.25/BB/2017. The appeal was disposed of based on the settlement terms.

Krishna Enterprises (Housing and Infrastructures) India Private Limited filed an appeal against Knight Frank (India) Private Limited. The National Company Law Tribunal (NCLT) admitted an insolvency petition. Subsequently, the parties entered into a settlement agreement dated 2018-08-23. The Supreme Court took the settlement agreement on record and exercised its powers under Article 142 of the Constitution to set aside the NCLT's order dated 2018-08-07 in C.P. (IB) No.25/BB/2017. The appeal was disposed of based on the settlement terms.