TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of The High Court considered whether orders abeying arbitration proceedings during a moratorium period were so perverse as to warrant invoking writ jurisdiction due to a patent lack of inherent jurisdiction in the Arbitrator. The Court held that the debt under moratorium includes the liabilities of all borrowers and guarantors, without a distinction between them. The Court clarified that there is no provision for splitting arbitration proceedings, and they must be decided against all parties. The Tribunal's decision to stay proceedings during the moratorium was not illegal or perverse, thus the petition was dismissed. Sec. 138 and Sec. 139 of the IB Code were deemed irrelevant to the matter at hand.
TaxTMI 