https://www.taxtmi.com/caselaws?id=398951 The Tribunal found the judgment passed by the Presiding Officer under the Payment of Wages Act, 1936 during Corporate Insolvency Resolution Process (CIRP) to be void ab-initio and non-est in law due to inconsistency with Section 14 and Section 238 of the Insolvency and Bankruptcy Code, 2016. The Tribunal emphasized the importance of following legal provisions, including the moratorium under the IBC, 2016, and upheld the Supreme Court's decision on the matter. The Tribunal clarified the effect of the moratorium on arbitration proceedings, setting aside post-moratorium arbitration proceedings and criminal proceedings obstructing the Insolvency Resolution Professional's duties. en-us Thu, 13 Feb 2020 00:00:00 +0530 Mon, 28 Sep 2020 21:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398951 The Tribunal found the judgment passed by the Presiding Officer under the Payment of Wages Act, 1936 during Corporate Insolvency Resolution Process (CIRP) to be void ab-initio and non-est in law due to inconsistency with Section 14 and Section 238 of the Insolvency and Bankruptcy Code, 2016. The Tribunal emphasized the importance of following legal provisions, including the moratorium under the IBC, 2016, and upheld the Supreme Court's decision on the matter. The Tribunal clarified the effect of the moratorium on arbitration proceedings, setting aside post-moratorium arbitration proceedings and criminal proceedings obstructing the Insolvency Resolution Professional's duties. Case-Laws Insolvency and Bankruptcy Thu, 13 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398951