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    <title>2020 (10) TMI 592 - NATIONAL COMPANY LAW TRIBUNAL, SPECIAL BENCH, MUMBAI BENCH</title>
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    <description>The Tribunal ruled that the moratorium under Section 14 of the Insolvency and Bankruptcy Code does not extend to performance bank guarantees. As a result, the application seeking to prevent the Department of Telecommunications from invoking or renewing bank guarantees was rejected. The Tribunal did not grant the requested relief, and the application was dismissed without costs.</description>
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      <description>The Tribunal ruled that the moratorium under Section 14 of the Insolvency and Bankruptcy Code does not extend to performance bank guarantees. As a result, the application seeking to prevent the Department of Telecommunications from invoking or renewing bank guarantees was rejected. The Tribunal did not grant the requested relief, and the application was dismissed without costs.</description>
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