Protection from suit for actions taken in good faith under the insolvency framework, shielding officials and practitioners. The provision bars suits, prosecutions and other legal proceedings against the Government and its officers, the Chairperson, Members, officers and employees of the Board, and insolvency professionals and liquidators for anything done or intended to be done in good faith under the Code or its rules and regulations.
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.
Protection from suit for actions taken in good faith under the insolvency framework, shielding officials and practitioners.
The provision bars suits, prosecutions and other legal proceedings against the Government and its officers, the Chairperson, Members, officers and employees of the Board, and insolvency professionals and liquidators for anything done or intended to be done in good faith under the Code or its rules and regulations.
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