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    <title>2017 (10) TMI 856 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>The Tribunal clarified that the impugned order declaring a moratorium under the Insolvency &amp;amp; Bankruptcy Code stood, emphasizing that suits before High Courts involving money recovery against the corporate debtor could not proceed post-moratorium declaration. The Tribunal noted that the moratorium did not exclude any court, including the High Courts or Supreme Court, from its application, except for cases under specific constitutional provisions. The appeal was disposed of with the clarification that the moratorium&#039;s scope encompassed all courts for actions against the corporate debtor, as outlined in Section 14 of the I&amp;amp;B Code.</description>
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      <link>https://www.taxtmi.com/caselaws?id=349701</link>
      <description>The Tribunal clarified that the impugned order declaring a moratorium under the Insolvency &amp;amp; Bankruptcy Code stood, emphasizing that suits before High Courts involving money recovery against the corporate debtor could not proceed post-moratorium declaration. The Tribunal noted that the moratorium did not exclude any court, including the High Courts or Supreme Court, from its application, except for cases under specific constitutional provisions. The appeal was disposed of with the clarification that the moratorium&#039;s scope encompassed all courts for actions against the corporate debtor, as outlined in Section 14 of the I&amp;amp;B Code.</description>
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      <pubDate>Thu, 14 Sep 2017 00:00:00 +0530</pubDate>
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