2023 (11) TMI 528

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..... LD THAT:- Learned Counsel for the Appellant submits that he has already filed an application bringing on record the proof of the payment to the Operational Creditor. Learned Counsel for the Operational Creditor submits that he has already received the entire payment. There are no reason in continuing the Corporate Insolvency Resolution Process any further - The Appeal is disposed of, impugned o .....

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..... the order dated 12.10.2023 passed by the Adjudicating Authority by which the application under Section 9 filed by the Operational Creditor has been admitted. Learned counsel for the Appellant submits that the parties i.e. the Corporate Debtor and the Operational Creditor has already arrived at a settlement on the amount to be paid by the Appellant to the Operational Creditor and since the am .....

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..... or the Operational Creditor submits that he has already received the entire payment. 5. In view of the aforesaid, we see no reason in continuing the Corporate Insolvency Resolution Process any further. 6. Learned Counsel for the IRP submits that the Adjudicating Authority has directed to deposit a payment of Rs. 2 Lakh which has not been paid. Let the Operational Creditor make the payment of .....

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