2025 (1) TMI 1325

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..... esent appeals are disposed off without adjudication on merits in view of the appellant's stand and claim based upon the settlement agreement dated 02.01.2025. Form FA dated 02.01.2025, being the application for withdrawal of the Company Petition, signed on behalf of respondent No. 1, M/s. K. Computers, addressed to the Interim Resolution Professional is placed on record by the appellant, Kalyan Mu .....

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..... Sumed Yasaswi, Adv. Mr. Sahil Raveen, Adv. ORDER We are inclined to dispose of the present appeals without adjudication on merits in view of the appellant's stand and claim based upon the settlement agreement dated 02.01.2025. Form FA dated 02.01.2025, being the application for withdrawal of the Company Petition, signed on behalf of respondent No. 1, M/s. K. Computers, addressed to the Interim .....

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..... any Law Appellate Tribunal will not come in the way of the adjudicating authority/Interim Resolution Professional in examining the subject Form FA and also deciding as to whether or not the proceedings should be dropped in terms of Section 12A of the IBC. It will be open to the appellant, Kalyan Muppaneni, the erstwhile Director of the corporate debtor, to move an appropriate application before t .....

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