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            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.

            <h1>Amendment Bars Insolvency Proceedings for COVID-19 Defaults; Supreme Court Upholds Section 10A of IBC, 2020</h1> The Central Government, responding to the COVID-19 pandemic, amended the Insolvency and Bankruptcy Code (IBC) through the Insolvency and Bankruptcy Code (Second Amendment) Act, 2020. This act introduced Section 10A, prohibiting the initiation of Corporate Insolvency Resolution Processes (CIRP) for defaults occurring on or after March 25, 2020, for a specified period, initially six months, extendable up to a year. The threshold for default was increased to Rs. 1 Crore. The Supreme Court confirmed that this bar does not eliminate the debt or creditors' rights, applying retrospectively to defaults after March 25, 2020.

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