https://www.taxtmi.com/article/detailed?id=10022 Moratorium on admission of a corporate insolvency resolution process suspends enforcement and suits only against the corporate debtor and its assets; it does not extend to promoters or directors, against whom proceedings may be initiated or continued. The Supreme Court confirmed in Anjali Rathi v Today Homes that creditors may pursue personal claims and enforcement against promoters despite an ongoing corporate moratorium, while the corporate insolvency process proceeds through information memorandum, expressions of interest, and resolution plan approval. en-us Sat, 25 Sep 2021 09:42:32 +0530 Sat, 25 Sep 2021 09:42:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10022 Moratorium on admission of a corporate insolvency resolution process suspends enforcement and suits only against the corporate debtor and its assets; it does not extend to promoters or directors, against whom proceedings may be initiated or continued. The Supreme Court confirmed in Anjali Rathi v Today Homes that creditors may pursue personal claims and enforcement against promoters despite an ongoing corporate moratorium, while the corporate insolvency process proceeds through information memorandum, expressions of interest, and resolution plan approval. Articles Corporate Laws / IBC / SEBI Sat, 25 Sep 2021 09:42:32 +0530 https://www.taxtmi.com/article/detailed?id=10022