Civil court jurisdiction barred where insolvency forum holds exclusive authority, directing disputes to the insolvency adjudicatory mechanism. Civil courts and ordinary forums are excluded from hearing matters that fall within the exclusive competence of the insolvency adjudicatory scheme; where questions arise out of or in relation to corporate insolvency resolution or liquidation, jurisdiction vests in the designated insolvency adjudicating authority and its appellate forum, and civil proceedings in respect of such matters are barred to prevent parallel proceedings.
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.
Civil court jurisdiction barred where insolvency forum holds exclusive authority, directing disputes to the insolvency adjudicatory mechanism.
Civil courts and ordinary forums are excluded from hearing matters that fall within the exclusive competence of the insolvency adjudicatory scheme; where questions arise out of or in relation to corporate insolvency resolution or liquidation, jurisdiction vests in the designated insolvency adjudicating authority and its appellate forum, and civil proceedings in respect of such matters are barred to prevent parallel proceedings.
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