https://www.taxtmi.com/manuals?id=3129 Section 60 designates the National Company Law Tribunal as the Adjudicating Authority for insolvency resolution and liquidation of corporate persons and their guarantors, with territorial jurisdiction at the registered office. Proceedings against guarantors must be filed before or transferred to the NCLT handling the corporate debtor; the NCLT has the powers of the Debt Recovery Tribunal for such purposes and exclusive jurisdiction to entertain applications, claims, and questions of priority or law arising from insolvency or liquidation. The moratorium period is excluded in computing limitation periods for suits or applications against the corporate debtor. en-us Tue, 29 Aug 2023 19:00:00 +0530 Fri, 08 Dec 2023 15:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3129 Section 60 designates the National Company Law Tribunal as the Adjudicating Authority for insolvency resolution and liquidation of corporate persons and their guarantors, with territorial jurisdiction at the registered office. Proceedings against guarantors must be filed before or transferred to the NCLT handling the corporate debtor; the NCLT has the powers of the Debt Recovery Tribunal for such purposes and exclusive jurisdiction to entertain applications, claims, and questions of priority or law arising from insolvency or liquidation. The moratorium period is excluded in computing limitation periods for suits or applications against the corporate debtor. Manuals IBC Tue, 29 Aug 2023 19:00:00 +0530 https://www.taxtmi.com/manuals?id=3129