https://www.taxtmi.com/caselaws?id=291197 The Tribunal rejected the Union of India's application seeking a moratorium under Section 242 of the Companies Act, 2013, for R1 Company and its group companies. The Tribunal clarified that the Companies Act, 2013, does not provide for a moratorium like the provisions under Section 14 of the Insolvency and Bankruptcy Code. Consequently, the application for a moratorium was denied in CP 3638/2018. en-us Fri, 12 Oct 2018 00:00:00 +0530 Sat, 31 Oct 2020 19:17:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291197 The Tribunal rejected the Union of India's application seeking a moratorium under Section 242 of the Companies Act, 2013, for R1 Company and its group companies. The Tribunal clarified that the Companies Act, 2013, does not provide for a moratorium like the provisions under Section 14 of the Insolvency and Bankruptcy Code. Consequently, the application for a moratorium was denied in CP 3638/2018. Case-Laws Companies Law Fri, 12 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291197