National Company Law Appellate Tribunal
1 judgment
Year:
Abhishek Singh v. Huthamaki PPL Ltd. & Ors.
The Supreme Court held that withdrawal of a CIRP application under Section 12A of the IBC is permissible before constitution of the Committee of Creditors, relying on the adjudicating authority's inherent powers, and set aside the NCLT's order rejecting such withdrawal.