Civil court jurisdiction barred where a statutory tribunal has exclusive jurisdiction under the Insolvency and Bankruptcy Code. Section 63 precludes civil courts and other authorities from entertaining suits or proceedings in respect of matters that fall within the jurisdiction conferred on the insolvency adjudicatory tribunals under the Insolvency and Bankruptcy Code, ensuring those matters are adjudicated exclusively by the designated tribunal forum and preventing parallel civil proceedings.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Civil court jurisdiction barred where a statutory tribunal has exclusive jurisdiction under the Insolvency and Bankruptcy Code.
Section 63 precludes civil courts and other authorities from entertaining suits or proceedings in respect of matters that fall within the jurisdiction conferred on the insolvency adjudicatory tribunals under the Insolvency and Bankruptcy Code, ensuring those matters are adjudicated exclusively by the designated tribunal forum and preventing parallel civil proceedings.
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