https://www.taxtmi.com/acts?id=37958 The rule clarifies that the moratorium and related stay provisions do not apply to third-party assets in the custody or possession of a financial service provider, including funds, securities and other trust assets. The Administrator may take control and custody of such third-party assets only for the purpose of dealing with them in the manner notified by the Central Government. en-us Sat, 16 Nov 2019 10:45:32 +0530 Sat, 16 Nov 2019 10:45:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37958 The rule clarifies that the moratorium and related stay provisions do not apply to third-party assets in the custody or possession of a financial service provider, including funds, securities and other trust assets. The Administrator may take control and custody of such third-party assets only for the purpose of dealing with them in the manner notified by the Central Government. Act-Rules IBC Sat, 16 Nov 2019 10:45:32 +0530 https://www.taxtmi.com/acts?id=37958