Application U/s 7 of IBC 2016 cannot be Admitted after Settlement between Parties : NCLAT

Gaurav Pandey Vs Eternity Investment Services Pvt. Ltd. & Anr. (National Company Law Appellate Tribunal, Delhi)

30.11.2018 On 16th November, 2018 when the matter was taken up, the following order was passed :

“Apart from other issues raised in the appeal it is contended by learned senior counsel representing the Appellant (Corporate Debtor) that a settlement has been reached between the parties and the factum of the Corporate Debtor

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