TMI Blog2021 (5) TMI 236X X X X Extracts X X X X X X X X Extracts X X X X ..... Member (Judicial) and [Dr. Alok Srivastava] Member (Technical) For Appellant: Mr. Vikram Nankani, Sr. Adv. With Mr. Mahesh Agarwal, Mr. Nachiket Anil Dave, Mr. Swaroop George, Mr. Himanshu Satija, Mr. Divyang Chandira, Advocates. For Respondent: Mr. Salil Thakore, IRP, R-3. Mr. Hitesh Buch, PCS for R-1. ORDER Mr. Vikram Nankani, Advocate appears for the Appellant. He submits that Respondent No ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cating Authority copy of which is at Page 368. The Application for withdrawal under Section 12A of IBC has been filed through IRP. Mr. Salil Thakore, Advocate agrees with the Learned Counsel for the Appellant that there has been a settlement and accordingly Application under Section 12A of IBC has been filed. The Learned Counsel for IRP however states that the money has been paid violating morator ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... etween the Original Operational Creditor and Corporate Debtor and CoC is not yet constituted. 7 (A). For reasons stated above, the Appeal is permitted to be withdrawn with liberty to seek restoration of the Appeal in case at any future time the effort to settle in terms of Section 12A of IBC runs into difficulty and does not happen. 7 (B). Till the Adjudicating Authority decides Application unde ..... X X X X Extracts X X X X X X X X Extracts X X X X
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