We propose a new device configuration that incorporates a nested ring with a Mach-Zehnder interferometer. The nested ring is analogous to a dual-bus coupled ring resonator, with the ends of the two buses connected to form a semi-closed loop. With proper design of the length of the U-shaped loop, as well as the coupling coefficient between the ring and the waveguide, the device is capable of generating a box-shaped spectral response. This is shown to be mainly due to the double-Fano resonances that arise from constructive interference between the nested ring and the outer loop. The device is simple in that it requires only one ring, and unique in that it harnesses a pair of Fano resonances to generate a reasonably box-like filter response. The analysis is based on the transfer matrix formalism, and compared and verified with the FDTD simulations.