https://www.taxtmi.com/caselaws?id=757577 Delhi HC held that under Section 14(1) of the IBC, while moratorium prohibits continuation of suits against a corporate debtor, it does not bar counter-claims filed by the corporate debtor. The court distinguished between the main suit claim (subject to moratorium) and counter-claim (permitted to proceed), allowing evidence recording to continue for the counter-claim while maintaining moratorium protection for the plaintiff's claim against the corporate debtor. Appeal disposed of with directions for evidence recording on counter-claim only. en-us Fri, 09 Aug 2024 00:00:00 +0530 Thu, 29 Aug 2024 08:18:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757577 Delhi HC held that under Section 14(1) of the IBC, while moratorium prohibits continuation of suits against a corporate debtor, it does not bar counter-claims filed by the corporate debtor. The court distinguished between the main suit claim (subject to moratorium) and counter-claim (permitted to proceed), allowing evidence recording to continue for the counter-claim while maintaining moratorium protection for the plaintiff's claim against the corporate debtor. Appeal disposed of with directions for evidence recording on counter-claim only. Case-Laws Insolvency and Bankruptcy Fri, 09 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757577