IBC 12A — Withdrawal of application admitted under section 7, 9 or 10

Insolvency & Bankruptcy Code, 2016

Statutory text

[12A. Withdrawal of application admitted under section 7, 9 or 10.—The Adjudicating Authority may  allow  the  withdrawal  of  application  admitted  under  section  7  or  section  9  or  section  10,  on  an application made by the applicant with the approval of ninety per cent. voting share of the committee of creditors, in such manner as may be specified.].

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