https://www.taxtmi.com/caselaws?id=790023 Section 101 of the Insolvency and Bankruptcy Code, 2016 was construed strictly to mean that the personal insolvency moratorium is time-bound and ends on the earlier of 180 days from admission of the application or an order on the repayment plan under Section 114. The provision does not permit extension beyond those contingencies. Once that moratorium ceases, the statutory bar is lifted and ordinary creditor remedies revive, including execution proceedings and attachment and sale of the judgment debtors' properties. As the prescribed period had expired and no repayment plan order had been passed, execution was held maintainable and the properties, other than the excluded property, were directed to be attached and sold. en-us Mon, 13 Apr 2026 00:00:00 +0530 Sat, 18 Apr 2026 08:21:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790023 Section 101 of the Insolvency and Bankruptcy Code, 2016 was construed strictly to mean that the personal insolvency moratorium is time-bound and ends on the earlier of 180 days from admission of the application or an order on the repayment plan under Section 114. The provision does not permit extension beyond those contingencies. Once that moratorium ceases, the statutory bar is lifted and ordinary creditor remedies revive, including execution proceedings and attachment and sale of the judgment debtors' properties. As the prescribed period had expired and no repayment plan order had been passed, execution was held maintainable and the properties, other than the excluded property, were directed to be attached and sold. Case-Laws IBC Mon, 13 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790023