Insolvency and Bankruptcy Code, 2016. · Chapter II: Corporate Insolvency Resolution Process
Section 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.]
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 12 September 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 12A
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GLAS Trust Company LLC v. BYJU Raveendran & Ors.
Whether the appellant, who was not a party to the settlement between the second respondent-BCCI (Operational Creditor) and the Corporate Debtor, has locus in the proceedings before this Court; whether the NCLAT erred in…
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M/S. Rps Infrastructure Ltd. v. Mukul Kumar & Anr.
Whether the commercial entity’s claim pertaining to an arbitral award, in appeal u/s. 37 of the Arbit ration and Conciliation Act, 1996, is liable to be included at a belated stage-after the resolution plan approved by…
- M. K. Rajagopalan v. Dr. Periasamy Palani
- Abhishek Singh v. Huhtamaki Ppl Ltd. & Anr.
- Ashok G. Rajani v. Beacon Trusteeship Ltd. & Ors
- Vallal Rck v. M/S Siva Industries and Holdings Limited and Others
- Amit Katyal v. Meera Ahuja and Others
- E S Krishnamurthy & Ors. v. M/S Bharath Hi Tech Builders Pvt. Ltd.
- Ebix Singapore Private Limited v. Committee of Creditors of Educomp Solutions Limited & Anr.
- Alok Kaushik v. Mrs Bhuvaneshwari Ramanathan and Others
- Arun Kumar Jagatramka v. Jindal Steel and Power Ltd. & Anr.