Zee, IndusInd Bank announce settlement of all dues, NCLAT closes insolvency case
Two-member NCLAT bench comprising Chairperson Justice Ashok Bhushan and Member Barun Mitra said: "In view of the settlement agreement between the parties nothing survives to be decided in the appeal."
Counsel appearing for the parties submitted that as per the settlement agreement, all payments have been made before June 30, 2023.