Customs Barred from Auctioning Cargo During CIRP Moratorium Under Insolvency and Bankruptcy Code to Protect Debtor's Assets.

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....Disposal of the uncleared cargo by way of auction - Right of the Customs Department - Company under Insolvency Process (CIRP) - Corporate Debtor - during the period of ‘Moratorium’, the assets of the ‘Corporate Debtor’ cannot be alienated, transferred or sold to a third party.....