https://www.taxtmi.com/caselaws?id=298861 The court held that the continuation of the suit and interlocutory proceedings against the corporate debtor was barred during the moratorium period under Section 14 of the Insolvency and Bankruptcy Code, 2016. The moratorium aimed to preserve the debtor's assets, including intellectual property, and facilitate a structured insolvency resolution process. Consequently, the court accepted the preliminary objection, staying the proceedings in the suit and interlocutory applications until the moratorium period ended, with the option to raise the matter earlier if the insolvency resolution process concluded. en-us Wed, 30 Jan 2019 00:00:00 +0530 Wed, 24 Nov 2021 06:11:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298861 The court held that the continuation of the suit and interlocutory proceedings against the corporate debtor was barred during the moratorium period under Section 14 of the Insolvency and Bankruptcy Code, 2016. The moratorium aimed to preserve the debtor's assets, including intellectual property, and facilitate a structured insolvency resolution process. Consequently, the court accepted the preliminary objection, staying the proceedings in the suit and interlocutory applications until the moratorium period ended, with the option to raise the matter earlier if the insolvency resolution process concluded. Case-Laws Insolvency and Bankruptcy Wed, 30 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298861