Cheque Dishonor Actions Against Directors Allowed Despite IBC Moratorium u/s 14; Section 138 Proceedings Unaffected.

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....Dishonor of Cheque - ongoing moratorium period as contemplated u/s 14 of the IBC - The moratorium provision not extending to persons other than the corporate debtor. In respect of persons other than the corporate debtor, Director or Managing Director, as the case may be, Section 14 of I&B Code did not apply to Section 138 proceedings - HC....