2018 (2) TMI 37

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..... issued in view of the decision of this Appellate Tribunal in “M/s. Innoventive Industries Ltd. Vs. ICICI Bank & Anr. ─ Company Appeal (AT) (Insolvency) [2017 (6) TMI 959 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, MUMBAI], we have no other option but to set aside the impugned order dated 3rd November, 2017 passed in Company Petition No. IB-276/ND/2017. As the matter has been settled betwe .....

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..... e Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as I B Code ) has been admitted, order of moratorium has been passed and Interim Resolution Professional has been appointed with certain directions as mentioned therein. 2. Learned counsel appearing on behalf of the Appellant referring to the pleadings submitted that before admission of the application under Section 7 of the I .....

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..... ppeal (AT) (Insolvency) No. 1 2 of 2017 , we have no other option but to set aside the impugned order dated 3rd November, 2017 passed in Company Petition No. IB-276/ND/2017. 5. As the matter has been settled between the parties which is accepted by the learned counsel for the Respondent, we find no ground to remit the case to the Adjudicating Authority. 6. In effect, order (s), passed by .....

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