Case of Lal Chand Morani vs Satyendra Prasad Khamia, NCLAT Delhi Judgement Dated 2nd July 2025. The appellant tribunal has dismissed an appeal filed by petitioner against an order that initiated the Corporate Insolvency Resolution Process (CIRP) against him. The tribunal, however, advised the appellant to seek a withdrawal of the insolvency proceedings by filing an application under Section 12A (Withdrawal of application admitted under section 7, 9 0r 10) of the Insolvency and Bankruptcy Code.