High Court Halts Cheque Bounce Cases During IBC Moratorium; Section 96 IBC Applies to Section 138 NI Act Proceedings.

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....Interim-moratorium u/s 96 IBC applies to proceedings against petitioner u/s 138 NI Act. HC set aside revisional court order, allowed petition directing stay on Section 138 proceedings till NCLT moratorium in Section 96 IBC proceedings against petitioner remains operational. Ratio of P. Mohanraj followed, overriding effect of IBC provisions reiterated.....