https://www.taxtmi.com/acts?id=31064 On admission of an application under the fresh start process a moratorium begins for all debts; pending proceedings are stayed and creditors, subject to section 86, are barred from initiating proceedings. The debtor is prohibited from acting as a director or participating in company formation or management, disposing of assets, must inform business partners of the fresh start process, give prior notice for certain transactions, disclose alternate trading names, and must not travel abroad without permission. The moratorium ends at the conclusion of the prescribed period unless the admission order is revoked. en-us Tue, 02 Jan 2018 15:08:51 +0530 Tue, 02 Jan 2018 15:08:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31064 On admission of an application under the fresh start process a moratorium begins for all debts; pending proceedings are stayed and creditors, subject to section 86, are barred from initiating proceedings. The debtor is prohibited from acting as a director or participating in company formation or management, disposing of assets, must inform business partners of the fresh start process, give prior notice for certain transactions, disclose alternate trading names, and must not travel abroad without permission. The moratorium ends at the conclusion of the prescribed period unless the admission order is revoked. Act-Rules IBC Tue, 02 Jan 2018 15:08:51 +0530 https://www.taxtmi.com/acts?id=31064