Effect of Moratorium on proceedings initiated by the Corporate Debtor

Section 14 of the Insolvency and Bankruptcy Code, 2016 [“the Code”] proscribes institution of suits or proceedings against the corporate debtor once the adjudicating authority i.e. the National Company Law Tribunal [“NCLT”] admits an application filed under Section 7,9 or 10 of the Code. The objective behind bringing the suit proceedings against the corporate debtor… Continue reading Effect of Moratorium on proceedings initiated by the Corporate Debtor

Maintainability of Application U/s 14 once Application U/s 13(2) is rejected by the Tribunal | Arbitration

In arbitration proceedings the impartiality of the arbitrator and the fact that he/she is eligible to perform their duties is of paramount importance as the same becomes a subject matter of challenge u/s 12,13, and 14 of the Act. Section 12 envisages the grounds upon which the appointment of an arbitrator can be challenged followed… Continue reading Maintainability of Application U/s 14 once Application U/s 13(2) is rejected by the Tribunal | Arbitration

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