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    <title>CIRP - Power to declare moratorium for prohibiting - Provisions of Section 14(1) shall not apply in respect of the Production Sharing Contracts, Revenue Sharing Contracts, Exploration Licenses and Mining Leases made under the Oilfields (Regulation and Development) Act, 1948 (53 of 1948) and rules made thereunder - Insolvency and Bankruptcy Code, 2016</title>
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    <description>The Central Government notifies that the moratorium provisions under the Insolvency and Bankruptcy Code shall not apply to Production Sharing Contracts, Revenue Sharing Contracts, Exploration Licenses and Mining Leases under the Oilfields (Regulation and Development) Act, nor to transactions, arrangements or agreements, including Joint Operating Agreements, connected or ancillary to those contracts.</description>
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      <description>The Central Government notifies that the moratorium provisions under the Insolvency and Bankruptcy Code shall not apply to Production Sharing Contracts, Revenue Sharing Contracts, Exploration Licenses and Mining Leases under the Oilfields (Regulation and Development) Act, nor to transactions, arrangements or agreements, including Joint Operating Agreements, connected or ancillary to those contracts.</description>
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