Moratorium

Supreme Court Clarifies Moratorium Under IBC Does Not Bar Proceedings Against Company Directors in Consumer Cases (17 January 2024)

Supreme Court Clarifies Moratorium Under IBC Does Not Bar Proceedings Against Company Directors Date of the Judgment: 17 January 2024 Citation: 2024 INSC 54 Judges: Abhay S. Oka, J., Ujjal Bhuyan, J. Can the directors of a company be held liable for a consumer court order when the company is undergoing insolvency proceedings? The Supreme […]

Supreme Court Clarifies Moratorium Under IBC Does Not Bar Proceedings Against Company Directors in Consumer Cases (17 January 2024) Read Post »

Supreme Court clarifies the effect of moratorium on Section 138 Negotiable Instruments Act cases: Narinder Garg & Others vs. Kotak Mahindra Bank Ltd. & Others (28 March 2022)

Supreme Court Clarifies Moratorium’s Impact on Section 138 NI Act Cases: Narinder Garg vs. Kotak Mahindra Bank (2022) Date of the Judgment: 28 March 2022 Citation: [Not Available in Source] Judges: Uday Umesh Lalit, S. Ravindra Bhat, Pamidighantam Sri Narasimha, JJ. Can a corporate debtor facing insolvency proceedings be prosecuted under Section 138 of the

Supreme Court clarifies the effect of moratorium on Section 138 Negotiable Instruments Act cases: Narinder Garg & Others vs. Kotak Mahindra Bank Ltd. & Others (28 March 2022) Read Post »

Supreme Court Restricts Operation of Bank Accounts During Moratorium Under IBC: Sandeep Khaitan vs. JSVM Plywood (2021)

Supreme Court Restricts Operation of Bank Accounts During Moratorium Under IBC: Sandeep Khaitan vs. JSVM Plywood (2021) LEGAL ISSUE: Whether a High Court can allow the operation of bank accounts, which are frozen due to an FIR, during the moratorium period under the Insolvency and Bankruptcy Code, 2016 (IBC). CASE TYPE: Insolvency Law Case Name:

Supreme Court Restricts Operation of Bank Accounts During Moratorium Under IBC: Sandeep Khaitan vs. JSVM Plywood (2021) Read Post »

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