Exceptions to moratorium: government notified transactions and surety obligations excluded from corporate insolvency moratorium, clarifying coverage. Amendment excludes from the corporate insolvency moratorium: transactions notified by the Central Government in consultation with a financial regulator, and obligations of a surety in a contract of guarantee to a corporate debtor, thereby permitting those dealings despite the moratorium.
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.
Exceptions to moratorium: government notified transactions and surety obligations excluded from corporate insolvency moratorium, clarifying coverage.
Amendment excludes from the corporate insolvency moratorium: transactions notified by the Central Government in consultation with a financial regulator, and obligations of a surety in a contract of guarantee to a corporate debtor, thereby permitting those dealings despite the moratorium.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.