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    <title>2018 (4) TMI 349 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>The Appellate Tribunal upheld the Adjudicating Authority&#039;s decision, ruling that it lacked jurisdiction to set aside the Indian Council of Arbitration&#039;s order during the moratorium period under the Insolvency and Bankruptcy Code. The Tribunal directed the parties to refrain from pursuing arbitration until the moratorium period&#039;s completion, emphasizing the Code&#039;s supremacy over the Arbitration and Conciliation Act. Creditors were instructed to submit claims to the Resolution Professional during the Corporate Insolvency Resolution Process. The appeal was disposed of without costs, requiring parties to file claims before the Resolution Professional instead of proceeding with arbitration.</description>
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      <description>The Appellate Tribunal upheld the Adjudicating Authority&#039;s decision, ruling that it lacked jurisdiction to set aside the Indian Council of Arbitration&#039;s order during the moratorium period under the Insolvency and Bankruptcy Code. The Tribunal directed the parties to refrain from pursuing arbitration until the moratorium period&#039;s completion, emphasizing the Code&#039;s supremacy over the Arbitration and Conciliation Act. Creditors were instructed to submit claims to the Resolution Professional during the Corporate Insolvency Resolution Process. The appeal was disposed of without costs, requiring parties to file claims before the Resolution Professional instead of proceeding with arbitration.</description>
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