https://www.taxtmi.com/caselaws?id=390692 The appeal was dismissed by the Appellate Tribunal, emphasizing that no recovery can be made during the moratorium period if the Corporate Debtor is found liable. The Tribunal held that the Adjudicating Authority lacks jurisdiction to interfere with arbitral tribunal orders during insolvency proceedings. It was clarified that the Insolvency and Bankruptcy Code supersedes the Arbitration and Conciliation Act, prohibiting arbitral proceedings during the moratorium. The Tribunal directed parties to halt arbitral proceedings and submit claims to the Resolution Professional, highlighting the need to comply with insolvency restrictions. en-us Thu, 24 Oct 2019 00:00:00 +0530 Fri, 10 Jan 2020 06:54:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390692 The appeal was dismissed by the Appellate Tribunal, emphasizing that no recovery can be made during the moratorium period if the Corporate Debtor is found liable. The Tribunal held that the Adjudicating Authority lacks jurisdiction to interfere with arbitral tribunal orders during insolvency proceedings. It was clarified that the Insolvency and Bankruptcy Code supersedes the Arbitration and Conciliation Act, prohibiting arbitral proceedings during the moratorium. The Tribunal directed parties to halt arbitral proceedings and submit claims to the Resolution Professional, highlighting the need to comply with insolvency restrictions. Case-Laws Insolvency and Bankruptcy Thu, 24 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390692