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SARFAESI Proceedings Cannot Be Continued Against Corporate Debtor Once CIRP Is Admitted And Moratorium Is Ordered: Supreme Court

The Supreme Court observed that the proceedings under the SARFAESI Act cannot be continued once the CIRP is initiated and the moratorium is ordered.The bench comprising Justices L. Nageswara Rao and B ...

'Decree Holders' Can't Be Treated At Par With 'Financial Creditors' Under IBC : Supreme Court Upholds HC Verdict

The Supreme Court on Monday upheld a Tripura High Court judgment which had held that 'decree-holders' cannot be treated at par with 'financial creditors' under the Insolvency and Bankruptcy Code. ...

Attachment Of Bank A/C By Tax Authorities During Pendency Of CIRP Violative Of Section 14 IBC: NCLT Mumbai

Moratorium Ordered U/Sec.14 IBC Does Not Apply To Proceedings In Respect Of Directors/Management Of Corporate Debtor: Supreme Court