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CIRP was set aside as parties reached settlement prior to constitution of CoC and dues were already paid of

November 13, 2019[2019] 112 232 (NCL-AT)

IBC: Where matter had been settled and due amount had already been paid by corporate debtor to operational creditor and committee of creditors had not been yet constituted, order initiating CIRP under section 9 against corporate debtor was to be set aside

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