https://www.taxtmi.com/acts?id=31075 An interim-moratorium begins on filing of an application under section 94 or section 95 and continues until admission of the application. During this period, pending legal action or proceedings in respect of any debt are stayed, and creditors cannot initiate fresh legal action or proceedings concerning any debt. For a firm, the moratorium applies to all partners as on the date of the application, subject to notified exclusions and the stated exception for a personal guarantor to a corporate debtor. en-us Tue, 02 Jan 2018 15:25:59 +0530 Tue, 26 May 2026 12:09:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31075 An interim-moratorium begins on filing of an application under section 94 or section 95 and continues until admission of the application. During this period, pending legal action or proceedings in respect of any debt are stayed, and creditors cannot initiate fresh legal action or proceedings concerning any debt. For a firm, the moratorium applies to all partners as on the date of the application, subject to notified exclusions and the stated exception for a personal guarantor to a corporate debtor. Act-Rules IBC Tue, 02 Jan 2018 15:25:59 +0530 https://www.taxtmi.com/acts?id=31075