As per the case facts proceedings were ongoing involving an appellant respondents and a significant amount of money in an escrow account with issues under adjudication in various forums including ... a foreign court and local investigative agencies The appeal to the Supreme Court arose from disputes related to a settlement agreement and the ongoing insolvency proceedings against one of the respondents The question arose whether the Supreme Court should adjudicate on the merits of the appellant's objections to the settlement agreement especially given pending litigations and investigations in other forums and what should be done with the escrowed funds Finally the Supreme Court disposed of the appeal stating that it would not adjudicate on the merits of the appellant's objections to the settlement agreement as these issues were subject to ongoing litigations and investigations in other fora The Court directed that the amount in the escrow account along with accrued interest be deposited with the Committee of Creditors CoC with the CoC instructed to maintain it in an escrow account and abide by future directions from the NCLT Parties were also given liberty to invoke remedies for withdrawal or settlement of claims in compliance with the legal framework governing CIRP withdrawals