Applicability of Moratorium on Cheque Dishonour Proceedings: The Conundrum Ends

For a considerable period of time, the law was nebulous on the applicability of moratorium u/s 14 of Insolvency and Bankruptcy Code, 2016 (hereinafter “IBC”) to the proceedings initiatedu/s 138 of Negotiable Instruments Act, 1881 (hereinafter “NIA”) against the Corporate debtor.For a considerable period of time, the law was nebulous on the applicability of moratorium u/s 14 of Insolvency and Bankruptcy Code, 2016 (hereinafter “IBC”) to the proceedings initiatedu/s 138 of Negotiable Instruments Act, 1881 (hereinafter “NIA”) against the Corporate debtor.taxmann.com Latest ArticlesRead More

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