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In absence of any evidence of settlement between parties, Appeal to take on record settlement deed was to be set aside

July 8, 2020[2020] 117 493 (NCL-AT)

IBC: Appeal requesting Appellate Tribunal to exercise its inherent powers to take on record settlement deed arrived at between financial creditor and corporate debtor prior to admission of application under section 7 and constitution of committee of creditors was to be dismissed as there was no evidence on record to establish settlement arrived at

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