https://www.taxtmi.com/caselaws?id=299237 The court granted a stay on the suit proceedings for four months, in line with the Insolvency and Bankruptcy Code's (IBC) time-bound resolution process. The stay was based on the interpretation that Section 14 of the IBC prohibits the institution or continuation of suits against the corporate debtor, overriding other laws such as rent legislation. The court emphasized the comprehensive moratorium under the IBC, giving precedence to the IBC provisions over conflicting laws. en-us Mon, 11 Sep 2017 00:00:00 +0530 Tue, 07 Dec 2021 20:23:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299237 The court granted a stay on the suit proceedings for four months, in line with the Insolvency and Bankruptcy Code's (IBC) time-bound resolution process. The stay was based on the interpretation that Section 14 of the IBC prohibits the institution or continuation of suits against the corporate debtor, overriding other laws such as rent legislation. The court emphasized the comprehensive moratorium under the IBC, giving precedence to the IBC provisions over conflicting laws. Case-Laws Insolvency and Bankruptcy Mon, 11 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299237