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Tag Archive for "benefits-of-moratorium-under-section-14-of-the-ibc" -

CentrikBlogsbenefits of moratorium under Section 14 of the IBC

Tag: benefits of moratorium under Section 14 of the IBC

Petition liable to dismissed if CD colluded with FC to take benefit of Moratorium: NCLAT

Posted by ajay.shuklaPosted on July 18, 2021July 20, 20210 CommentsCategories Corporate Litigation-All In Way, Cross Border Advisory, Debt Recovery Management, Grievance Redressal, Insolvency & Bankruptcy Code 2016Tags Adjudicating Authority issued notice to the Corporate Debtor, avail the benefit of moratorium, benefits of moratorium under Section 14 of the IBC, CIRP initiated against the Company, Financial Creditor filed an appeal to the NCLAT, Financial Creditor filed an Application under Section 7 of the IBC, Financial Creditor initiate CIRP against the Corporate Debtor, How to get Benefit of Moratorium Period, Moratorium under IBC, provisions of the IBC

The Adjudicating Authority dismissed the Application and held that it is a case of collusive Application whereby the Corporate Debtor is trying to seek benefits of Moratorium u/s 14 of the IBC and other advantages in accordance with other provisions of IBC 2016.

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