Sanya Hospitality NCLAT Appeal Disposed After Settlement

NCLAT disposes appeal against Sanya Hospitality's CIRP admission after parties reach settlement.
Financial creditor Kaliber Associates to submit Form FA for Section 12A CIRP withdrawal application.
CIRP was initiated for a defaulted debt amount of ₹2.6 crores owed by the corporate debtor.
The corporate debtor was managing a hotel operated by the Marriott Group.