Adjudicating Authority cannot compel a party to the proceedings before it to settle a dispute

E S Krishnamurthy & Ors. Vs Bharath Hi Tech Builders Pvt. Ltd. (Supreme Court) Conclusion: What the Adjudicating Authority and Appellate Authority had proceeded to do was to abdicate their jurisdiction to decide a petition under Section 7 by directing the respondent to settle the remaining claims within three months and leaving it open to the original petitioners, who were aggrieved by the settlement process, to move fresh proceedings in accordance with law. Such a course of action was not contemplated by the IBC. Adjudicating Authority could not compel a party to the proceedings before it...