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Permission for withdrawal of application filed u/s 7 to be granted as CoC unanimously approved withdrawal

December 2, 2019[2019] 111 301 (NCLT - Hyd.)

IBC : In terms of section 12A, if 90 per cent voting share of Committee of Creditors approves application for withdrawal then Adjudicating Authority has to allow for withdrawing application filed under section 7 or section 9 or section 10

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