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TMI Blog2020 (3) TMI 1332X X X X Extracts X X X X X X X X Extracts X X X X ..... ties or not - HELD THAT:- The settlement amount is agreed to be paid as provided in Para 3 of the consent terms. The consent terms, having been agreed to by the Parties, are binding on the Parties and in view of the consent terms, Respondent No. 1 is required to withdraw the application filed under Section 9 of Insolvency and Bankruptcy Code, 2016 before the Ld. Adjudicating Authority. It is deeme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... : Mr. Abhijeet Sinha, Mr. Kaushik Moita, Mr. Aditya Shukla, Mr. Archit Singh, Ms. Manisha Singh, Advocates ORDER Mr. Arun Kathpalia, Sr. Advocate representing the Appellant submits that the matter has been amicably settled in terms of consent terms reduced to writing on 2nd March, 2020, A copy whereof has been produced. Mr. Abhijeet Sinha, Advocate representing the Respondent No.1/Operational C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tional Company Law Appellant Tribunal Rules and dispose of the Appeal as per the consent terms. Corporate Debtor is released from the rigour of Corporate Insolvency Resolution Process. The Adjudicating Authority is directed to close the case. The consent terms takes care of the fee of the Resolution Professional as also resolution costs and the IRP admits that all such fee and costs have been paid ..... X X X X Extracts X X X X X X X X Extracts X X X X
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