https://www.taxtmi.com/caselaws?id=399246 An interlocutory application concerning stay and setting aside of an arbitral award during the section 14 IBC moratorium was closed as infructuous after the respondent filed an affidavit undertaking not to implement or execute the award until the moratorium ended. The Tribunal recorded that, because the respondent had voluntarily refrained from acting on the award for the moratorium period, the requested interim reliefs had lost practical significance. No adjudication was made on the merits of the award or on the effect of the moratorium on the arbitral proceedings. en-us Thu, 27 Feb 2020 00:00:00 +0530 Wed, 07 Oct 2020 11:12:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399246 An interlocutory application concerning stay and setting aside of an arbitral award during the section 14 IBC moratorium was closed as infructuous after the respondent filed an affidavit undertaking not to implement or execute the award until the moratorium ended. The Tribunal recorded that, because the respondent had voluntarily refrained from acting on the award for the moratorium period, the requested interim reliefs had lost practical significance. No adjudication was made on the merits of the award or on the effect of the moratorium on the arbitral proceedings. Case-Laws Insolvency and Bankruptcy Thu, 27 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399246