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    <title>2026 (8) TMI 243 - BOMBAY HIGH COURT</title>
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    <description>Section 96(4) of the Insolvency and Bankruptcy Code, effective from 26 May 2026, excludes insolvency-resolution applications concerning personal guarantors to corporate debtors from the Section 96 interim moratorium. The exclusion extends to applications already pending on that date because it operates on a continuing status and does not impair vested rights. Consequently, interim arbitral protection under Section 9 of the Arbitration and Conciliation Act is available. Where arbitration agreements and indebtedness are undisputed, limited measures requiring asset disclosure and restraining dissipation of disclosed assets may protect the creditor pending arbitration, without directing any deposit.</description>
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