https://www.taxtmi.com/news?id=43822 The moratorium under the Insolvency and Bankruptcy Code does not prohibit attachment of properties under the Maharashtra Protection of Interest of Depositors Act; properties attached under the MPID Act vest in the competent authority and cannot be claimed with priority by secured creditors under SARFAESI. Attachments under the MPID Act fall outside the debtor-creditor relationship under the IBC, so attached properties remain available for execution of decrees despite the Section 14 moratorium. en-us Thu, 15 May 2025 22:01:03 +0530 Thu, 15 May 2025 22:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43822 The moratorium under the Insolvency and Bankruptcy Code does not prohibit attachment of properties under the Maharashtra Protection of Interest of Depositors Act; properties attached under the MPID Act vest in the competent authority and cannot be claimed with priority by secured creditors under SARFAESI. Attachments under the MPID Act fall outside the debtor-creditor relationship under the IBC, so attached properties remain available for execution of decrees despite the Section 14 moratorium. News - Thu, 15 May 2025 22:01:03 +0530 https://www.taxtmi.com/news?id=43822