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IBC Moratorium Bars Revenue Appeals: ITAT Mumbai
Case Law Details
- Case Name
- ACIT Vs Nirjala Teleholdings Limited (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2006-07
- Courts
- All ITAT, ITAT Mumbai
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ACIT Vs Nirjala Teleholdings Limited (ITAT Mumbai)
ITAT Mumbai Dismisses Revenue Appeals In Limine: IBC Moratorium Bars Any Proceedings Against Corporate Debtor
In these Revenue appeals, Tribunal noted that Nirjala Teleholdings Ltd had already been admitted into Corporate Insolvency Resolution Process (CIRP) by NCLT, Chennai Bench, vide order dated 13.04.2023 u/s 7 of the IBC. As a consequence, the statutory moratorium u/s 14(1) came into immediate effect, prohibiting the institution, continuation or adjudication of any proceedings against the corporate debtor before any Court...






