https://www.taxtmi.com/caselaws?id=367660 The Tribunal held that the moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 does not extend to bank guarantees provided by non-applicant-respondents. The bank guarantees were considered independent agreements and could be encashed during the insolvency proceedings. The application was dismissed, and parties were directed to bear their own costs in the circumstances of the case. en-us Fri, 24 Aug 2018 00:00:00 +0530 Mon, 24 Sep 2018 08:22:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367660 The Tribunal held that the moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 does not extend to bank guarantees provided by non-applicant-respondents. The bank guarantees were considered independent agreements and could be encashed during the insolvency proceedings. The application was dismissed, and parties were directed to bear their own costs in the circumstances of the case. Case-Laws Insolvency and Bankruptcy Fri, 24 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367660