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Application for withdrawal of CIRP was to be allowed as committee of creditors had not been constituted

July 20, 2019[2019] 108 244 (NCL-AT)

IBC : Where appellant filed application seeking withdrawal of petition filed under 'section 9, in view of fact that Committee of Creditors' had not been constituted and no claim had been received except that of 'operational creditor', in such a situation, having regard to settlement arrived at between parties, operational creditor was to be allowed to withdraw application filed under section 9

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