Permission to withdraw the CIRP Application - if 90% voting ...
Case Laws Insolvency and Bankruptcy
December 4, 2019
Permission to withdraw the CIRP Application - if 90% voting share of Committee of Creditors approves application for withdrawal then Adjudicating Authority to allow for withdrawing the application filed under section 7 or section 9 or section 10 of the Code - The application filed by RP is to be allowed and moratorium order passed under section 14 shall cease to exist.
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