https://www.taxtmi.com/caselaws?id=788455 Section 32A of the Insolvency and Bankruptcy Code, 2016 applies only after approval of a resolution plan and only where management or control passes to a person unconnected with the prior management, so its clean-slate protection does not shield wrongdoers. The moratorium under Section 14 is separate and does not extinguish liability. As no resolution plan had been approved, the required conditions for Section 32A were absent, and the proceedings had also been instituted before insolvency. On that basis, the appellant was not entitled to suspension of sentence and the request was rejected. en-us Tue, 17 Mar 2026 00:00:00 +0530 Mon, 23 Mar 2026 08:49:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788455 Section 32A of the Insolvency and Bankruptcy Code, 2016 applies only after approval of a resolution plan and only where management or control passes to a person unconnected with the prior management, so its clean-slate protection does not shield wrongdoers. The moratorium under Section 14 is separate and does not extinguish liability. As no resolution plan had been approved, the required conditions for Section 32A were absent, and the proceedings had also been instituted before insolvency. On that basis, the appellant was not entitled to suspension of sentence and the request was rejected. Case-Laws IBC Tue, 17 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788455