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    <title>2020 (10) TMI 1332 - SECURITIES APPELLATE TRIBUNAL MUMBAI</title>
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    <description>The Tribunal held that under Section 14 of the IBC, the institution or continuation of proceedings against the corporate debtor is prohibited once a moratorium is declared. This includes the execution of any judgment or order by any court, tribunal, arbitration panel, or authority. The Tribunal quashed the penalty order, recovery proceedings, show cause notice, and all proceedings initiated by the adjudicating officer, stating that no proceedings could be instituted during the moratorium period. The appeal was allowed, and the order was digitally signed due to the Covid-19 pandemic.</description>
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      <description>The Tribunal held that under Section 14 of the IBC, the institution or continuation of proceedings against the corporate debtor is prohibited once a moratorium is declared. This includes the execution of any judgment or order by any court, tribunal, arbitration panel, or authority. The Tribunal quashed the penalty order, recovery proceedings, show cause notice, and all proceedings initiated by the adjudicating officer, stating that no proceedings could be instituted during the moratorium period. The appeal was allowed, and the order was digitally signed due to the Covid-19 pandemic.</description>
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