https://www.taxtmi.com/acts?id=31103 An interim moratorium starts when an application is filed under section 122 or section 123 and remains in force until the bankruptcy commencement date. During this period, pending legal actions against the debtor's property in respect of debts are deemed stayed, and creditors cannot initiate new legal actions or proceedings against such property. If the application relates to a firm, the moratorium applies to all partners. The section excludes notified transactions and applications for a personal guarantor to a corporate debtor. en-us Tue, 02 Jan 2018 15:55:12 +0530 Tue, 26 May 2026 12:11:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31103 An interim moratorium starts when an application is filed under section 122 or section 123 and remains in force until the bankruptcy commencement date. During this period, pending legal actions against the debtor's property in respect of debts are deemed stayed, and creditors cannot initiate new legal actions or proceedings against such property. If the application relates to a firm, the moratorium applies to all partners. The section excludes notified transactions and applications for a personal guarantor to a corporate debtor. Act-Rules IBC Tue, 02 Jan 2018 15:55:12 +0530 https://www.taxtmi.com/acts?id=31103