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

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 ...

18 May 2022 3:56 PM GMT
Decree Holders Cant Be Treated At Par With Financial Creditors Under IBC : Supreme Court Upholds HC Verdict

'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. ...

12 April 2022 9:09 AM GMT