https://www.taxtmi.com/highlights?id=47374 Enforceability of Foreign Award - GoI can recover Petroleum due when the Corporate Debtor is already under Insolvency - once order has been pronounced u/s. 7 of the I&B Code and declared “Moratorium”, there is prohibition to enforced for recovery against the said Corporate Debtor as well as institution of any suit or execution of any Judgment, Decree or Order of any Court of Law, Tribunal, Arbitration Panel - action on the part of the GoI, Ministry of Petroleum, is not legal en-us Sat, 22 Jun 2019 07:39:36 +0530 Sat, 22 Jun 2019 07:39:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=47374 Enforceability of Foreign Award - GoI can recover Petroleum due when the Corporate Debtor is already under Insolvency - once order has been pronounced u/s. 7 of the I&B Code and declared “Moratorium”, there is prohibition to enforced for recovery against the said Corporate Debtor as well as institution of any suit or execution of any Judgment, Decree or Order of any Court of Law, Tribunal, Arbitration Panel - action on the part of the GoI, Ministry of Petroleum, is not legal Highlights Insolvency and Bankruptcy Sat, 22 Jun 2019 07:39:36 +0530 https://www.taxtmi.com/highlights?id=47374