Calcutta HC Dismisses Appeal Amid NCLT Moratorium Under Insolvency and Bankruptcy Code; Legal Questions Unresolved.

The HC of Calcutta dismissed the appeal due to the moratorium under Section 14 of the Insolvency and Bankruptcy Code declared by the NCLT for the assessee company. The dismissal was made without any order as to costs, and the substantial questions of law presented in the appeal were left open.

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The High Court of Calcutta dismissed the appeal as the moratorium under Section 14 of the Insolvency and Bankruptcy Code had already been declared by the National Company Law Tribunal for the assessee company. The appeal was dismissed without any order as to costs, but the substantial questions of law raised in the appeal were left open.

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