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Section 12A

Withdrawal of Application Admitted Under Section 7, 9 Or 10.

The Insolvency and Bankruptcy Code, 2016.
1[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.]




1. Ins. by Act 26 of 2018, s. 9 (w.e.f. 6-6-2018).