https://www.taxtmi.com/caselaws?id=283449 The National Company Law Tribunal, Chennai, found the Respondent/Complainant guilty of violating the moratorium order under the Insolvency and Bankruptcy Code, 2016, by pursuing complaints under Section 138 of the Negotiable Instruments Act during the Corporate Insolvency Resolution process. The Tribunal stayed the proceedings in the complaints, directing the withdrawal of the complaints to avoid further consequences for breaching the moratorium. The Respondent was warned of potential action if the complaints were not promptly withdrawn, with the Tribunal deeming the actions as a misuse of the legal process and suppression of material facts. en-us Thu, 24 May 2018 00:00:00 +0530 Mon, 23 Sep 2019 19:59:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283449 The National Company Law Tribunal, Chennai, found the Respondent/Complainant guilty of violating the moratorium order under the Insolvency and Bankruptcy Code, 2016, by pursuing complaints under Section 138 of the Negotiable Instruments Act during the Corporate Insolvency Resolution process. The Tribunal stayed the proceedings in the complaints, directing the withdrawal of the complaints to avoid further consequences for breaching the moratorium. The Respondent was warned of potential action if the complaints were not promptly withdrawn, with the Tribunal deeming the actions as a misuse of the legal process and suppression of material facts. Case-Laws Insolvency and Bankruptcy Thu, 24 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283449