https://www.taxtmi.com/caselaws?id=768861 Interim moratorium under Section 96 of the Insolvency and Bankruptcy Code, 2016 is confined to debt recovery proceedings and does not bar criminal prosecution for cheque dishonour under Section 138 read with Section 141 of the Negotiable Instruments Act, 1881. The scheme of the Code distinguishes civil recovery from penal action, and a personal insolvency application cannot be used to stall a complaint founded on dishonour of cheque and the statutory liability attached to it. The cheque dishonour proceedings therefore continue, and the orders refusing to stay them are left undisturbed. en-us Tue, 01 Apr 2025 00:00:00 +0530 Tue, 15 Apr 2025 08:35:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768861 Interim moratorium under Section 96 of the Insolvency and Bankruptcy Code, 2016 is confined to debt recovery proceedings and does not bar criminal prosecution for cheque dishonour under Section 138 read with Section 141 of the Negotiable Instruments Act, 1881. The scheme of the Code distinguishes civil recovery from penal action, and a personal insolvency application cannot be used to stall a complaint founded on dishonour of cheque and the statutory liability attached to it. The cheque dishonour proceedings therefore continue, and the orders refusing to stay them are left undisturbed. Case-Laws IBC Tue, 01 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768861