Does Issuance Of Moratorium Under IBC Bar Statutory Proceedings U/S 138 Of Negotiable Instruments Act? SC To Consider [Read Order]
Sanya Talwar
19 Feb 2020 9:45 PM IST
![Does Issuance Of Moratorium Under IBC Bar Statutory Proceedings U/S 138 Of Negotiable Instruments Act? SC To Consider [Read Order]](https://www.livelaw.in/h-upload/2019/10/20/750x450_365750-uu-lalit-anirudha-bose.webp "Does Issuance Of Moratorium Under IBC Bar Statutory Proceedings U/S 138 Of Negotiable Instruments Act? SC To Consider [Read Order]")
A Supreme Court Bench of Justices U.U. Lalit & Aniruddha Bose on Monday issued Notice to Attorney General on a petition seeking a bar on proceedings instituted under section 138 of Negotiable Instruments Act, 1881 towards a Company on account of its declaration of insolvency. Relying on BSI Ltd. & Anr. Vs. Gift Holdings Pvt. Ltd. & Anr., Counsel appearing for...
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