https://www.taxtmi.com/acts?id=53983 Amends section 14 of the principal insolvency law by expanding the moratorium reference in sub-section (1) to include sub-section (2A) and by clarifying that the moratorium also applies where a surety seeks to initiate or continue action or proceedings against the corporate debtor under a contract of guarantee. The inserted Explanation removes doubt about the application of the moratorium to guarantee-related proceedings brought by a surety against the corporate debtor. en-us Tue, 07 Apr 2026 12:46:06 +0530 Tue, 07 Apr 2026 12:46:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53983 Amends section 14 of the principal insolvency law by expanding the moratorium reference in sub-section (1) to include sub-section (2A) and by clarifying that the moratorium also applies where a surety seeks to initiate or continue action or proceedings against the corporate debtor under a contract of guarantee. The inserted Explanation removes doubt about the application of the moratorium to guarantee-related proceedings brought by a surety against the corporate debtor. Act-Rules F. Acts / Amendment Acts Tue, 07 Apr 2026 12:46:06 +0530 https://www.taxtmi.com/acts?id=53983